What is an interest-only mortgage? Many investors look to pay interest-only loan on their investment properties. What the benefits of paying interest only on mortgage? What happens when interest only loan expires?
“I want to use my rental property as a bank security to borrow, so that the new loan interest can be tax-deductible.” That’s what we’ve been hearing from our clients from time to time. But it’s not always right.
Just like you we are a small business, and we understand how challenging it is to grow a business without access to capital for extra cashflow. Sometimes, having that lump sum of money can be a determining factor in the succe...
Some New Zealand banks have tightened further their loan-to-value ratio (LVR) for investment property to 60 per cent. This means the minimum deposit for investment property has been lifted to 40 per cent.
Purchasing a home to live in feels like a rite of passage for many people. If you’re in the market to buy your first home, have you ever wondered is it better to buy an investment property first or buy a home to live in first...
The loan offer often mentions “priority amount” under section 92. The priority amount appears much higher than the amount that borrowers are borrowing. What does a priority amount mean on a mortgage? Why the priority amount c...
Archive
