What is an Investment Property Mortgage?

An Investment Property Reverse Mortgage is a loan. It allows you to borrow an amount of cash against the agreed value of an investment property. However, unlike other loans, you do not need to make any repayments during the life of the loan. You do not lose ownership of your investment property, nor the right to rent the property out.

While a normal bank loan is based on your income and your ability to make repayments, in the case of an Investment Property Mortgage, it is the agreed value of your investment property that acts as the security for the amount you borrow. Interest on this loan is accrued monthly throughout the length of your loan. The loan is then repaid at the end of the loan term, or when the property is sold.

What our Investment Property Mortgage has to offer:

• Competitive Variable Interest Rates
• Options of either a 5 Year or 20 Year Loan Term
• No Maximum Limit. You have the opportunity to borrow an unlimited amount - from a minimum of $20,000 upwards - against the value of your investment property, dependent upon meeting our requirements
• The protection of both a No Negative Equity Guarantee and the option to protect up to 25% of the equity in your property for your heirs
• Maximum Flexibility in how you receive your loan. You can choose between lump sum, flexible draw and monthly income options.