Mortgages with low rates for investors

Is it difficult to get an investment home loan in Australia?

Obtaining an investment home loan in Australia can be more challenging compared to securing a loan for a primary residence due to several factors. While it's not impossible, borrowers may encounter stricter eligibility criteria and higher deposit requirements.

Lenders typically require a higher deposit for investment home loans compared to owner-occupied loans. While owner-occupiers may be able to secure a loan with a deposit as low as 5% to 10%, investment property borrowers often need a deposit of at least 20% to 30% of the property's purchase price.

Banks may apply stricter lending criteria for investment home loans, considering factors such as the borrower's income, credit history, employment status, and existing debts. They may also scrutinize the potential rental income from the investment property and the borrower's ability to service the loan. So, lenders may only consider a portion of the rental income from the investment property when assessing the borrower's borrowing capacity.

Interest rates for investment home loans may be slightly higher compared to owner-occupied loans, reflecting the higher risk associated with investment properties. Additionally, borrowers may encounter higher fees and charges, such as application fees, valuation fees, and ongoing fees.

What are the best investment home loan rates?

They can vary depending on several factors, including the lender, the type of loan, the loan term, the loan-to-value ratio (LVR), and the borrower's financial profile. Additionally, interest rates can fluctuate over time in response to changes in market conditions and economic factors.

We have collected offers with the most favourable mortgage rates in the table above. Simply follow the links and select the loan that best suits your needs.

Home loan calculations for 20 years (example)

Can I refinance an investment home loan?

Yes, if market interest rates have decreased since you initially took out your loan, refinancing a loan with a lower interest rate can potentially save you money on interest payments over the life of the loan.

If you have multiple loans or debts, such as credit card debt or personal loans, you can refinance your investment home loan to consolidate these debts into a single loan with a lower interest rate.

You may want to refinance to switch from a variable-rate loan to a fixed-rate loan, or vice versa, depending on your preference for interest rate stability or flexibility.

Can I get interest only loan on investment property?

Yes, you can get an interest-only loan for an investment property in Australia. Such a loan allows you to only pay the interest portion of the loan each month for a specified period, typically between 1 to 5 years. During this period, you do not repay the principal amount borrowed.

Repayment Period: After the interest-only period ends, the loan typically reverts to principal and interest repayments, where you start repaying both the principal and interest portions of the loan.

Investors often use interest-only loans to maximize cash flow by keeping monthly repayments lower, which can be beneficial for managing investment property expenses and potentially increasing tax deductions.

See the similar FAQ about Australian banks: 

• Bankwest borrowing power
• Bankwest calculators
• Bankwest discharge form: how to get?
• Bankwest financial hardship: what should I do?
• Bankwest insurance offer

Details of companies offering the financial services:

ANZ Bank

Head office’s address: 833 Collins Street

Contact center: 13-13-14

Phone: 61-3-9683-9999

Mail address: 833 Collins Street Docklands, Melbourne

Web-site: http://www.anz.com

Swift code: ANZBAU3M

Financial institution code: ANZ

Stock code: ANZ

ABN: 11 005 357 522

BSB: 015-891

Bank of Melbourne

Head office’s address: 525 Collins Street

Contact center: 61-132266

Phone: 61-3-9982-4186

Mail address: 525 Collins Street Melbourne

Web-site: https://www.bankofmelbourne.com.au/

Swift code: SGBLAU2S

ABN: 33 007 457 141

BSB: 193-879

Bank of Queensland

Head office’s address: 100 Skyring Ter

Contact center: 61-1300-557-272

Mail address: 100 Skyring Ter L 6, Newstead, Queensland, 4006

Web-site: http://www.boq.com.au/

Stock code: BOQ

ABN: 32 009 656 740

BSB: 124-001

Bank of Sydney

Head office’s address: 62 Pitt Street

Contact center: 61-13-95-00

Phone: 61-2-8262-9191

Mail address: 62 Pitt Street, Sydney, NSW

Web-site: http://www.banksyd.com.au

Swift code: LIKIAU2S

ABN: 44 093 488 629

BSB: 942-202

Bank of Sydney

Head office’s address: 62 Pitt Street

Contact center: 61-13-95-00

Phone: 61-2-8262-9191

Mail address: 62 Pitt Street, Sydney, NSW

Web-site: http://www.banksyd.com.au

Swift code: LIKIAU2S

ABN: 44 093 488 629

BSB: 942-202

Bankwest

Head office’s address: 300 Murray St

Contact center: 61-131719

Phone: 61-8-9449-2840

Mail address: Bankwest PO Box E237 Perth WA 6841

Web-site: http://www.bankwest.com.au/

Swift code: BKWAAU6P

ABN: 48 123 123 124

BSB: 325-185

Bankwest

Head office’s address: 300 Murray St

Contact center: 61-131719

Phone: 61-8-9449-2840

Mail address: Bankwest PO Box E237 Perth WA 6841

Web-site: http://www.bankwest.com.au/

Swift code: BKWAAU6P

ABN: 48 123 123 124

BSB: 325-185

Bankwest

Head office’s address: 300 Murray St

Contact center: 61-131719

Phone: 61-8-9449-2840

Mail address: Bankwest PO Box E237 Perth WA 6841

Web-site: http://www.bankwest.com.au/

Swift code: BKWAAU6P

ABN: 48 123 123 124

BSB: 325-185

Beyond Bank Australia

Head office’s address: 100 Waymouth St

Contact center: 13-25-85

Phone: 61-8-8205-8888

Mail address: GPO Box 1430 Adelaide SA 5001

Web-site: http://www.beyondbank.com.au

Swift code: CUSCAU2S

ABN: 15 087 651 143

BSB: 805022

Beyond Bank Australia

Head office’s address: 100 Waymouth St

Contact center: 13-25-85

Phone: 61-8-8205-8888

Mail address: GPO Box 1430 Adelaide SA 5001

Web-site: http://www.beyondbank.com.au

Swift code: CUSCAU2S

ABN: 15 087 651 143

BSB: 805022

CommBank

Head office’s address: 201 Sussex Street

Contact center: 13-22-21

Phone: 61-2-8055-4001

Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street

Web-site: https://www.commbank.com.au/

Swift code: CTBAAU2S

Stock code: CBA

ABN: 48 123 123 124

CommBank

Head office’s address: 201 Sussex Street

Contact center: 13-22-21

Phone: 61-2-8055-4001

Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street

Web-site: https://www.commbank.com.au/

Swift code: CTBAAU2S

Stock code: CBA

ABN: 48 123 123 124

CommBank

Head office’s address: 201 Sussex Street

Contact center: 13-22-21

Phone: 61-2-8055-4001

Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street

Web-site: https://www.commbank.com.au/

Swift code: CTBAAU2S

Stock code: CBA

ABN: 48 123 123 124

Gateway Bank

Head office’s address: 68 York St

Contact center: 1300 302 474

Phone: +61 2 9307 4200

Mail address: GPO BOX 3176 SYDNEY NSW 2001

Web-site: https://www.gatewaybank.com.au/

Swift code: ASLLAU2CGTW

ABN: 47 087 650 093

BSB: 676-000

G&C Mutual Bank

Head office’s address: 201 Elizabeth Street

Contact center: 1-300-364-400

Phone: 61-2-9307-5400

Mail address: PO Box A253, Sydney South NSW 1235

Web-site: http://www.gcmutualbank.com.au/

Financial institution code: SGE

ABN: 72 087 650 637

BSB: 659-000

G&C Mutual Bank

Head office’s address: 201 Elizabeth Street

Contact center: 1-300-364-400

Phone: 61-2-9307-5400

Mail address: PO Box A253, Sydney South NSW 1235

Web-site: http://www.gcmutualbank.com.au/

Financial institution code: SGE

ABN: 72 087 650 637

BSB: 659-000

Geelong Bank

Head office’s address: 107 Gheringhap Street

Contact center: 1300-361-555

Mail address: PO Box 1130 Geelong VIC 3220

Web-site: https://geelongbank.com.au/savings-loans/home-loans/1-2-home-loan/?gclid=EAIaIQobChMI54i5ytaa_wIVi9SyCh2KPAJ_EAAYAiAAEgL0v_D_BwE

Greater Bank

Head office’s address: 103 Tudor Street

Contact center: 13 13 86

Phone: +612 4921 9111

Mail address: Greater Bank PO Box 173, Hamilton NSW 2303

Web-site: https://www.greater.com.au/

Swift code: ASLLAU2CGBS

ABN: 88 087 651 956

BSB: 637 000

Greater Bank

Head office’s address: 103 Tudor Street

Contact center: 13 13 86

Phone: +612 4921 9111

Mail address: Greater Bank PO Box 173, Hamilton NSW 2303

Web-site: https://www.greater.com.au/

Swift code: ASLLAU2CGBS

ABN: 88 087 651 956

BSB: 637 000

Greater Bank

Head office’s address: 103 Tudor Street

Contact center: 13 13 86

Phone: +612 4921 9111

Mail address: Greater Bank PO Box 173, Hamilton NSW 2303

Web-site: https://www.greater.com.au/

Swift code: ASLLAU2CGBS

ABN: 88 087 651 956

BSB: 637 000

IMB Banking

Head office’s address: 47 Burelli St

Contact center: 61-133-462

Mail address: 47 Burelli St, Wollongong, NSW, 2500

Web-site: https://www.imb.com.au

Swift code: IMTIAU21

BSB: 641-800

IMB Banking

Head office’s address: 47 Burelli St

Contact center: 61-133-462

Mail address: 47 Burelli St, Wollongong, NSW, 2500

Web-site: https://www.imb.com.au

Swift code: IMTIAU21

BSB: 641-800

IMB Banking

Head office’s address: 47 Burelli St

Contact center: 61-133-462

Mail address: 47 Burelli St, Wollongong, NSW, 2500

Web-site: https://www.imb.com.au

Swift code: IMTIAU21

BSB: 641-800

ING Bank

Head office’s address: 60 Margaret St

Contact center: 61-2-9028-4077

Mail address: 60 Margaret St, Sydney NSW 2000

Web-site: http://www.ingdirect.com.au/

Swift code: INGBAU2S

Financial institution code: ING

ABN: 24 000 893 292

BSB: 923-100

ING Bank

Head office’s address: 60 Margaret St

Contact center: 61-2-9028-4077

Mail address: 60 Margaret St, Sydney NSW 2000

Web-site: http://www.ingdirect.com.au/

Swift code: INGBAU2S

Financial institution code: ING

ABN: 24 000 893 292

BSB: 923-100

Members Equity Bank (ME Bank)

Head office’s address: 360 Elizabeth Street

Contact center: 13-15-63

Phone: 61-3-9708-4001

Mail address: PO Box 1345 Melbourne, VIC 3001

Web-site: http://www.mebank.com.au/

Swift code: MEQBAU3M

Financial institution code: MEB

ABN: 56 070 887 679

BSB: 944-300

Pepper money

Head office’s address: 177 Pacific Highway

Contact center: 13 73 77

Mail address: 177 Pacific Highway Level 27 North Sydney, NSW 2060

Web-site: https://www.pepper.com.au

Swift code: PEGPAU2S

Financial institution code: WBC

Stock code: PEP

BSB: 032-813

Queensland Country Bank Limited

Head office’s address: 333 Ross River Road

Contact center: 1800 075 078

Phone: +61 7 4412 3526

Mail address: PO Box 679 Aitkenvale QLD 4814

Web-site: https://www.queenslandcountry.bank/

Swift code: QCCNAU41XXX

ABN: 77 087 651 027

BSB: 654 000

RAMS Home Loans

Head office’s address: 321 Kent St, Sydney

Phone: 61-137267

Mail address: 321 Kent St, Sydney, NSW, Australia, New South Wales

Web-site: https://www.rams.com.au

Swift code: NATAAU3R

Stock code: RHG

BSB: 082-459

Regional Australian Bank

Head office’s address: Technology Park, New England,

Phone: +61-132067

Mail address: Technology Park, New England, Madgwick Dr, Armidale NSW 2350

Web-site: https://www.regionalaustraliabank.com.au

Suncorp Bank

Head office’s address: 80 Ann Street

Contact center: 13-11-55

Phone: 61-7-3362-2222

Mail address: PO Box A50 Sydney South NSW 1235

Web-site: http://www.suncorpbank.com.au/

Swift code: METWAU4B

ABN: 66 010 831 722

BSB: 484-799

Suncorp Bank

Head office’s address: 80 Ann Street

Contact center: 13-11-55

Phone: 61-7-3362-2222

Mail address: PO Box A50 Sydney South NSW 1235

Web-site: http://www.suncorpbank.com.au/

Swift code: METWAU4B

ABN: 66 010 831 722

BSB: 484-799

Westpac Bank

Head office’s address: 275 Kent Street

Contact center: 13-20-32

Phone: 61-2-9155-7700

Mail address: 275 Kent Street, Sydney, NSW

Web-site: https://www.westpac.com.au/

Swift code: WPACAU2S

Financial institution code: WBC

Stock code: WBC

ABN: 33 007 457 141

BSB: 032-063