What are Investor Loans?
The latest in home loans news
Singles step into property market thanks to government scheme
Aussie first home buyers who may have felt priced out of the property market are now getting a foot on the ladder, thanks to the First Home Loan Deposit Scheme.
Investor loans are loans that are designed for borrowers who are purchasing a property that they will not live in and intend to use for investment purposes only. They generally have higher interest rates as lenders perceive investors to be a riskier type of borrower because they do not have to rely on the property for a roof over their head.