Specialist Property Investment Lending
Mortgage Express
Mortgage Resource
2 years ago
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Inflation is at its highest level in 30 years, mortgage interest rates are on the way up, and the Reserve Bank of New Zealand (RBNZ) has just announced  to the OCR. It’s a challenging time that has many property investors weighing up their investment options. However, despite its ups and downs, investing in property remains a popular investment strategy for Kiwis. Read on for more about a specialist investment lending product.

Kiwis love property

Buying property has long been a popular investment strategy for Kiwis. Since 1992, the average annual house price increase was above inflation at 7.2 per cent, providing a higher return on investment than many of the share markets. While house price increases spiked to 30.62 per cent during the COVID-19 pandemic, it’s unlikely we’ll see that level of annual growth again. The long-term trend in price is  cent growth. 

But it’s not just return on investment that draws so many Kiwis to property investment. Passive income is another important consideration: a property where rental income covers most, if not all, of the outgoings – mortgage repayments, rates and insurance - while the property appreciates in value, and the investor benefits from capital growth when the property is sold.

Investment Loans for Seasoned Investors

Despite having significant equity and investment property that could service a loan on its own, many property investors still face challenges in the current economic climate with CCCFA, Partial Discharge Requests, and Interest Only Requests.  

However, there are lenders that understand the complexities that property investors face, and provide financial solutions specifically tailored to their needs. If you: 

  • Are a seasoned professional residential investor
  • Have an established portfolio and decent equity
  • Are practical and driven to maximise return on investment 

The Resimac Specialist Investment Loan may be an option.

Resimac’s investment loan allows eligible investors to capitalise on existing equity by providing reliable funding and long-term lending structures that support ongoing cashflow.

Why Resimac Specialist Investment

  • Suitable for Individuals, Companies and Trusts (individual and company trusts).
  • Can be used for purchase investment, refinance investment, cash out, business purposes or any other worthwhile or investment purpose.
  • Loan amount is between $200,000 – $3,000,000.
  • Minimum deposit is 40% on existing properties and 30% on new builds.
  • Loan term between 10 to 20 years.
  • Interest Only to a maximum 50% LVR and Principal and Interest for the remainder.
  • Low establishment fee of 1.5% which can be capitalised.
  • Pragmatic assessment of servicing capacity.
  • Residential investment finance at competitive rates.

Mortgage Express branded mortgage advisers work with a panel of lenders, matching up both homeowners and property investors with the right lender. If you’d like to find out more about specialist lending for investors, contact a Mortgage Express branded adviser today.