95% Investment property loans; 90% LVR Investment loans: What is the maximum loan to value ratio for investment property loans – July 2015

NOTE: Bank policy is now in a state of change this information is only valid at the time of writing 29 July 2015.
Bank policy has been changing recently. Some banks have stopped lending to investors. Others banks have reduced their loan to value ratios available on investment property lending and or increased their interest rates for investment property lending. There has also been changes to the serviceability calculators used by banks and lenders that reduce borrowing power in many cases.
We have been getting inquiries from property investors asking:
“Is it still possible to get investment property loans at 90% loan to value ratios (LVR / LTV)?”;
“Can I get an investment property loan with 10 percent down?”
“I have bought ‘off the plan’ can I still get a higher loan to value ratio investment loan?”
“What is the maximum investment property loan to value ratio available now”
“Will I need to pay much higher rates on an investment property loan now?”
Whilst many lenders have changed their policies other lenders have not, well at least not yet.

Is it still possible to get investment property loans at 90% loan to value ratios (LVR / LTV)?

It is still possible to get investment property loans to 90% loan to value ratio (LVRs) from some lenders. However, the number of lenders offering 90% loan to value ratio investment property loans are much less than before.

Is it still possible to get 95% investment property loans?

Yes, it is still possible to get investment property loans at 95% of the property value (LVR). However, because bank policy is changing rapidly it is advisable that you contact us immediately before this situation changes. Contact us now for a 95% Investment property loan!

What is the maximum investment property loan to value ratio available now?

The maximum investment property loan to value ratio available is currently 95% LVR. Many lenders have stopped offering 95% loan to value investment property loans but some lenders are still offering these high LVR loans for investors. This lenders are generally not deposit taking institutions that are regulated by APRA. Instead they are regulated by ASIC. However, it is likely that in the near future ASIC may pressure these lenders to also reduce investment lending and they will also introduce policies similar to those of the major banks. Contact us now for up to a 95% Investment property loan!

Can investors still get competitive interest rates for investment property loans?

Yes, investors can still competitive interest rates from some lenders it is advisable that you get your investment property loan approved as soon as possible to avoid a nasty surprise when shopping for low interest rates for investment property lending.

I have bought ‘off the plan’ can I still get a higher loan to value ratio investment loan?

If you have bought off the plan and you are settling within the next few months you may want to contact us to check what options you have. Some lenders have longer periods where they will honor a loan approval before settlement. Contact us now for a high LVR investment property loan!

Why use Oak Laurel mortgage brokers for your investment property loan?

Oak Laurel mortgage brokers have access to a wide range of lenders and wide range of loans. Some mortgage brokers only have access to a smaller number of lenders and loans this can restrict your ability to access those lenders that have policies that suit your needs, including if you are property investor. This includes those lenders that currently still offer high loan to value ratios for investment properties.

Contact an Oak Laurel mortgage broker