Is it difficult to get an investment loan?
This will depend on a number of factors, but generally speaking, an investment loan is no harder to secure than an owner-occupied home loan.
Your lender will take into account things like:
- The value of the property you're looking to purchase;
- The deposit amount you have available;
- Your overall financial situation, including your current debt to income ratio.
For more on securing an investment loan, check out our recent blog.