The Australian Military Bank Investment Home Loan will provide borrowers with a range of features deigned to be useful in a loan for residential investments.
Borrowers will be able to make additional repayments on the Investment Home Loan at any time, reducing the loan premium quicker than would be possible otherwise. To provide borrowers with extra security and flexibility, the Investment Home Loan comes with a redraw facility that will allow borrowers to withdraw any funds they may have put towards extra repayments, in case that money should be needed elsewhere.
Borrowers will be able to speed up the process of refinancing easier with the 100 per cent offset account that can be linked to the Australian Military Bank Investment Home Loan. This account will reduce the interest payable on the loan in proportion to the amount of money deposited into it.
The Australian Military Bank Investment Home Loan also offers flexibility for payments and loan structure. Borrowers will be able to choose to pay weekly, fortnightly or monthly, depending on what best suits their income cycle. They will also be able to choose to split the investment loan with other Australian Military Bank loans, allowing them to combine the variable rate of the Investment Loan with a fixed rate of interest for added predictability.
The Investment Home Loan also requires a low minimum deposit and a low minimum loan size, to help borrowers seek a range of different opportunities.
The Australian Military Bank Investment Home Loan will suit borrowers looking to buy an investment property, and can accommodate a range of investment sizes. Borrowers hoping to refinance quickly will find that this loan’s features give them everything they need for a swift and secure switch of their loan.
The Australian Military Bank Investment Home Loan offers a simple and effective suite of features designed to help borrowers pay off their loan quickly and easily. Borrowers wanting to buy an investment property of any size may find that the Investment Home Loan helps them to achieve their goals.
Its additional repayments and 100 per cent offset account will come in handy for borrowers trying to refinance their loan to one that will help them reduce interest in the long term. Borrowers should note that this loan may only be used for the purchase of a residential investment property.