Investment Property Loans

We typically require a 20% deposit. However, we can also consider low deposit options. Yard can consider loans with an LVR of up to 85% without requiring Lender's Mortgage Insurance (LMI). For loans with an LVR above 85%, LMI would apply. This allows flexibility based on your circumstances while maintaining competitive lending options.

Generally, lenders do not offer 100% financing for investment properties. You will need to contribute a deposit, but Yard can help structure a loan that maximises your borrowing capacity while meeting your financial needs. Releasing equity from an existing property could be a way to help you with a deposit for a new investment property purchase.

The loan amount Yard can lend you typically depends on your level of deposit/equity and your borrowing capacity. Factors that we consider include:

• Your income and expenses
• The value of the property
• Rental income potential
• Your credit history

Speak with a Yard Loan consultant to determine how much you can borrow for your investment property.

Yard offers competitive interest rates with both P&I or IO repayments. To find the best rate for your situation, contact our team or check out Yard’s Loan Rates.

Once we have all the required documents, we can assess your application within 1-2 business days. The overall process depends on the complexity of your financial situation. Our streamlined approach ensures a quick and efficient turnaround, bringing you closer to owning your investment property.

All home loan lenders have an obligation to not let you borrow more than you’re financially able to repay. Low doc loans are an alternative way to prove that you have the income required to service the loan, and we will still need to verify your income through the alternative documentation.