Keen to step up on a property ladder?
We have experience and expertise to walk with you through the journey.
Useful information to get ready to become investor:
- Explore your options for the type of investment to suit your budget
- Understand how capital growth and equity work for the property
- Do the correct due diligence
- Talk to the team of 0800Rachna to start your investment journey
FAQ’ s for Investors:
- Equity is the difference between a property’s value and the amount you owe on it.
- For example if your house is worth $500,000 and outstanding loan balance is $250,000, you have equity of $250,000.
- Bank will let you go up to a maximum borrowing of 80%of the value of the property.
- For example if the house is worth $500,000 Bank will let you go maximum up to $400,000 as your borrowing. If your existing loan is $250,000 in this scenario. You will be left with another $150k which you can use as equity to purchase another property. (please note lending criteria and policies are subject to change from time to time)
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