Home and Investment Lending
Personalised guidance for homebuyers and investors seeking optimal financial solutions
Apply for a home loan
Whether you’re looking to secure your dream home or expand your investment portfolio, our expert team is here to guide you every step of the way. Explore our comprehensive home loan and investment loan services.
Home Loans
Securing the right home loan is essential for making your homeownership dreams a reality. At Dark Horse Financial, we offer a range of home loan options designed to fit your lifestyle and financial goals.
- Get tailored advice from experienced home loan specialists
- Secure the best rates and terms
- Get access to lenders that can meet your needs
- Negotiate better features and lower fees
- Secure financing in the timeline you need
- Enjoy a smoother, more streamlined application process
- Get continued support long after you get your keys to your new home
FAQs for Home Loans in Australia
Choosing the best home loan involves considering factors such as interest rates, fees, loan features, and your financial goals. Consulting with Dark Horse Financial can help you compare options and find the best fit for your needs.
The amount you can borrow depends on various factors, including your income, expenses, credit history, and the value of the property. Talk to us to know your options.
It depends on the lender. Some may allow deposits as low as 5%; however, borrowers usually need to contribute at least a 20% deposit to avoid paying Lender’s Mortgage Insurance, which can be a significant expense.
A fixed interest rate remains the same for a specified period, usually 1-5 years, providing consistent repayments. A variable interest rate can change based on market conditions, affecting your repayment amount.
The application process typically involves submitting a loan application form, proof of income, identification, and details about the property you wish to purchase. We can help streamline this process, starting with a broker meeting up to settlement and beyond.
A pre-approval is an indication from a lender that you qualify for a loan up to a certain amount based on an initial assessment of your financial situation. It helps you understand your borrowing capacity.
It depends on the type of loan you have. Many variable rate loans allow extra repayments without penalties, while fixed rate loans may have restrictions and break fees for additional payments.
The approval process can vary depending on the lender and when you lodged your application. After the spring property season, approval can take up to 60-90 days. Mortgage brokers can help you get financing sooner by connecting you to lenders that can meet your timeline.
Investment Loans
Find the best investment lending in Australia and grow your wealth.
Investing in property can be a powerful way to build wealth and secure your financial future. At Dark Horse Financial, we offer a variety of investment loan options to help you maximise your returns and achieve your investment goals.
- Get tailored advice from experienced investment loan specialists
- Receive expert market insights to inform your investment decisions
- Build and expand your investment portfolio
- Secure competitive rates and flexible terms to maximise returns
- Access a wide range of lenders suited to investment needs
- Benefit from a streamlined and efficient loan application process
- Optimise your investment returns with strategic loan structuring
- Receive ongoing support throughout your investment journey to ensure continued success
FAQs for Investment Loans in Australia
An investment loan is a type of loan used to purchase assets that generate income or appreciate in value, such as rental properties, stocks, or other investments. The loan is typically secured by the investment itself but can be secured by other assets as well.
Common types of investment loans include residential investment loans, commercial investment loans, interest-only loans, and SMSF (Self-Managed Super Fund) loans.
The amount you can borrow depends on factors such as your income, existing debts, the value of the investment property, and your credit history. Lenders typically offer different borrowing capacities for investment loans compared to home loans as rental income and tax offsets can contribute to servicing an investment loan.
An interest-only loan allows you to pay only the interest for a set period, which can lower your monthly repayments and improve cash flow during the interest-only period. This type of loan can be more ideal for investors because it can help them manage multiple properties or investments more effectively. Meanwhile, a principal and interest loan requires you to pay both the interest and a portion of the principal, gradually reducing the loan balance over time.
Negative gearing occurs when the income generated from an investment property is less than the expenses (including loan interest), resulting in a net loss. This loss can be used to reduce your taxable income, potentially providing tax benefits.
The application process involves submitting a loan application form, proof of income, identification, and details about the investment property or asset. Lenders will assess your financial situation, credit history, and the potential income from the investment.
Investment loans carry risks, including market fluctuations, interest rate changes, and the potential for your investment to underperform. It’s important to thoroughly research and consider these risks before proceeding.
In addition to the loan amount, you may need to pay application fees, valuation fees, legal fees, ongoing monthly or annual fees, and potentially Lenders Mortgage Insurance (LMI) if your deposit is less than 20%.
Before getting an investment loan, consider your financial goals, risk tolerance, cash flow needs, and the potential returns and risks of the investment. It’s also important to have a solid investment strategy and seek professional advice if needed.
Ready to Get Started?
Take the first step towards achieving your homeownership and investment goals with Dark Horse Financial. Contact us today to schedule a consultation with our experienced loan brokers.
