“Investors can access Investment Loan interest rates as low as 3.15% for a 2-year Fixed Rate with principle and interest repayments. The Comparison Rate is at 4.07%” Said Nick Constantine of Capita Finance Solutions.
“Investors who are yet to review their rates could be paying upwards of 4%, in some cases 5% and may not have yet experienced the cashflow relief which could be offered by switching to a lower interest rate loan.
“Some lenders are offering compelling incentives to refinance, with cash rebates of up to $2,000 to cover the costs of refinancing; or even $2,000 per property depending on the lender. These generally come with qualifying criteria and not all borrowers will qualify, I recommend speaking to your trusted broker to determine eligibility criteria.
“With the combined benefits of interest rate savings and cash rebates offered by some lenders, it’s an excellent time as an investor to be assessing your options and reviewing refinance options that are available to you.”
If you’d like a review on your Investment Loan rates, speak to Capita’s trusted Broker, Nick Constantine on 0418 919 203 or at nconstantine@capitafinance.com.au.
*Comparison rate applies only to the example or examples given and may not include all fees and charges. Different terms and other loan amounts might result in a different comparison rate. Comparison rate based on secured credit of $150,000 over 25 years. Capita Finance Solutions Pty Ltd ACN 166229321 Australian Credit License Number 389087