Investor mortgage broker-brisbane

Loan structure and lender selection can play a pivotal role in the growth of your property portfolio.

A broker can facilitate the set up of your loan and search for lending solutions to help you on your property investing journey.

Contact the team at Specialty Home Loans, your Brisbane investor mortgage broker, for assistance in investor loans. 

Each lender will have their own formula for calculating how much they will lend you.

Each lender will have their own maximum accepted debt to income ratio and minimum accepted net surplus (money left over after subtracting your repayments, commitments and expenses from your after tax income).

Lenders will have different rules on how they calculate and treat your income including overtime, bonus, commission, allowances, casual income and self-employed income. Some, all or none of your income may be accepted by the lender.

Depending on the lender, rental income is shaded by 5-30% so lender selection can significantly affect your borrowing capacity. 

Most lenders apply an interest buffer between 1-3% to your home loans when calculating your borrowing capacity. There are a few lenders that don't apply a buffer at all. 

Specialty Home Loans, your Brisbane Investor Mortgage Broker, can help compare your borrowing capacity across a range of lenders and provide advice on increasing your borrowing power. 

Yes and Yes.

Good news for investors, there are a selection of lenders who will accept Air BNB and granny flat rental income when calculating your borrowing power.

Following the advice of your accountant or financial planner, you may want to set up your loans a particular way for borrowing power, asset protection and tax planning.

Specialty Home Loans can help set up loans under trust and company structures or in scenarios where there are multiple borrowers with different ownership percentages.

We can help you "cash out" equity from your home to use towards purchasing costs for an investment property (deposit, stamp duty and legal fees).

In most cases, if you have equity in your home, you don't have to save up for these costs or use your cash funds towards your investment property purchase. 

If you are considering buying a special type of property, you should check if the lender will accept this type or property.  If they do, find out what percentage they will lend you. 

This is not an exhaustive list but special properties may include:

• Display Homes
• Defence Homes
• Rural properties
• Vacant Land
• Acreage properties
• NDIS properties
• Mixed residential and commercial (e.g. shops downstairs and apartment upstairs)
• Service apartments
• Studios and small apartments
• Over 55s properties
• Student accommodation
• Warehouse converted to residential
• Multiple units on one title
• High Density apartments
• Heritage, flood affected and mining affected properties

If you want to buy a special property type and want to know your lending options, please contact Specialty Home Loans - Brisbane Investor Mortgage Broker.

Due to rising cost of housing, more and more clients are buying with family and friends to share repayments and buy in their desired area.

There are lenders who can set up loans for this arrangement such as individual loans for each borrower for their share of the property (backed by a personal guarantee from the other borrowers) or individual offset accounts for each borrower.

Down the track if one of the borrowers want to buy on their own or with their partner, there are lenders who will apportion the debt and expenses of the co-owned property (not the full debt and expenses). 

If you wish to co-own a property with family and friends, you should speak to the team at Specialty Home Loans, your Brisbane Investor Mortgage Broker, to find a suitable loan product and lender for this arrangement.