Monthly Archives

December 2021

Monthly Archives: December 2021

Lower, owner occupied, interest rates on all investment properties

By | Tips, Uncategorized

This client was able to get lower, owner occupied, interest rates on all their investment properties…. An existing client of Smartmove approached me to purchase multiple investment properties and build a portfolio. The borrowing capacity was very strong, and we didn’t require the rental income or tax benefits from the investment properties in order to satisfy the banks serviceability model for the lending request. When this is the case, there are some banks in the marketplace who don’t determine the interest rate by the purpose the property is used for,…

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