Secure the right Investment Loan to buy your first investment property or expand your property portfolio. Get help from an experienced Mortgage Broker at KIJ Rung Ruang Financial today!
Rated 5 from 2 Reviews
At KIJ Rung Ruang Financial, we understand that investing in property is a significant financial decision. Whether you're buying your first investment property or expanding your investment property portfolio, we’re here to help. Our expertise in investment loans ensures that you have access to investment loan options from banks and lenders across Australia. With our guidance, you can find the right loan that suits your financial situation and goals.
Choosing the right investment loan is crucial. One of the first considerations is the loan to value ratio (LVR), which determines how much you can borrow compared to the value of the property. A lower LVR might allow you to avoid lenders mortgage insurance (LMI), saving you money. Additionally, understanding your borrowing capacity is essential for planning your investment strategy. We help you assess your credit history and financial situation to determine the best course of action.
Interest rates play a vital role in your investment loan decision. You might opt for a fixed interest rate, which offers stability in repayments, or a variable interest rate, which can fluctuate with the market. Both options have their advantages, and we can help you decide which suits your needs. Moreover, some lenders offer interest rate discounts that could make a significant difference over the loan's life. Calculating investment loan repayments beforehand will give you a clearer picture of what to expect financially.
Another aspect to consider when applying for an investment loan is the application process itself. A streamlined application process is crucial for efficiency and peace of mind. At KIJ Rung Ruang Financial, we provide guidance on how to prepare your investment loan application, ensuring that all necessary documents such as bank statements are in order. Our team will assist you every step of the way, aiming to make the experience as smooth as possible.
Understanding additional costs is also important when planning for an investment property. Stamp duty can vary depending on the property's location and purchase price, impacting your overall budget. We help you factor in these costs early on to ensure no surprises down the line.
The property market in Australia offers various opportunities, and with the right investment loan options, you can capitalise on them effectively. Whether it's a first investment property or adding to an existing portfolio, having a strategic approach to financing is key.
In summary, KIJ Rung Ruang Financial is committed to helping you access investment loan options that align with your goals. Our expertise in interest rates, LVR, and the application process ensures you are well-equipped to make informed decisions. Reach out today to start your journey towards a successful investment in property. Let us help you turn your investment dreams into reality.
1. Understanding Your Needs
Your mortgage journey begins with a detailed consultation with your Finance & Mortgage Broker. Your broker will listen to your property goals, whether you’re buying a home, investing in real estate, or seeking a commercial loan. They will assess your financial situation, considering factors like income, savings, liabilities, and credit history, to provide tailored advice on loan options available to you.
2. Financial Positioning
Your broker will request relevant documentation such as bank statements, recent tax returns, and evidence of assets and liabilities to determine your borrowing capacity. They will calculate how much you can afford to borrow, considering important factors like LVR, potential LMI, and interest rates. Your broker will also advise you on how to improve your financial standing if necessary, ensuring you are in the best position to apply for a loan.
3. Comparing Loan Options
Once your financial situation is fully assessed, your broker will begin comparing loan products from a range of lenders across Australia. They will help you weigh the benefits of fixed interest rate loans versus variable interest rate loans, as well as exploring options for offset accounts and interest rate discounts. They will also explain important terms like loan features, fees, and other considerations like the potential for future rate changes or LVR adjustments.
4. Pre-Approval Process
Pre-approval is a crucial step in the property buying process. With pre-approval, you’ll have a clear idea of the loan amount you can borrow, which strengthens your position in the local property market. Your broker will help you gather the necessary documents and submit them to the lender for pre-approval, ensuring the process is as quick and straightforward as possible.
5. Submitting the Loan Application
Once pre-approval is in hand, your broker will help you complete the loan application. They will guide you through submitting all necessary paperwork to the lender, including documents like bank statements, proof of income, and details of existing liabilities. Your broker will communicate directly with the lender to ensure the application is processed quickly, ensuring no delays in getting you the loan you need.
6. Loan Approval & Settlement
After your loan is approved, your broker will review the final loan offer with you and help arrange any necessary insurance, such as mortgage protection insurance. They will also work with you to ensure you understand the terms of the loan and guide you through the settlement process. Your broker will remain available to help you navigate any final hurdles before you complete the purchase of your property.
7. Finalising Ownership
The final step is settlement, when your loan is officially advanced, and you take ownership of the property. Your broker will coordinate with the lender and conveyancer to ensure the transfer goes smoothly. Once the settlement is complete, you’ll officially become the owner of the property, and your Finance & Mortgage Broker will continue to offer guidance to help you manage your loan and stay on track with repayments.
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Chee Wong
I’ve known Tony Phewmau for some time and have had the opportunity to see how he approaches his work. Tony brings a genuine commitment to helping people. He’s thoughtful in how he explains and is supportive throughout what can often be a stressful process. His professionalism, integrity, and attention to detail make him someone I believe clients can trust. I’m confident Tony will continue to grow and succeed as a mortgage broker
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Ting Wu
I've known Tony for some time, and his professionalism, integrity, and genuine commitment to helping others succeed make him an outstanding mortgage broker. Even in the early stages of his business, Tony demonstrates a strong understanding of the mortgage process and always puts the needs of his clients first. I have no doubt he’ll build a trusted reputation in the industry. Highly recommended!
Once your loan is approved, I continue to support you through settlement and beyond. I will help coordinate with your conveyancer or solicitor, ensure all documents are completed properly and keep you informed along the way. I also offer ongoing reviews to make sure your loan remains competitive in the future.
Yes. There are several lenders that offer options for low deposit borrowers, including those with access to government schemes and guarantor loans. I will work with you to understand your situation and explore every available option to help you move forward.
Yes. Getting pre approval is a smart first step before you start house hunting. It gives you a clear idea of your borrowing capacity and shows sellers that you are a serious buyer. I will assess your financial position and help you get pre approved so you can enter the market with confidence.
Definitely. While home loans are a large part of what I do, I can also help with investment loans, refinancing, car loans, personal loans and even construction loans. If you are looking to borrow for any purpose, I can assist in finding the right product for your situation.
It depends on the lender and your financial situation, but many first home buyers can get started with as little as 5 percent deposit. I can help you understand the pros and cons of different deposit sizes, whether lenders mortgage insurance applies, and what your options are with your current savings.
I assess your financial situation, goals, and preferences, then compare hundreds of loan products from a panel of trusted lenders. I consider factors like interest rates, loan features, fees and approval criteria to recommend the option that offers the best overall value for your needs.
KIJ RUNG RUANG PTY LTD. ABN: 57 684 494 237. Credit Representative #10020 is authorised under Australian Credit License #389087.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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