Choosing the right investment loan can prove as difficult as finding the right investment property.
With so much choice, it’s hard to know where to begin. Is there any difference between an investment loan from a bank and say, an investment loan from a non-bank source or a credit union? Is it worth paying extra for an investment loan with more features? If you need to borrow a lot of money where should you go? Can you get a discount on the rate if it is a large loan?
The property boom of the last few years has seen a dramatic rise in property values. More and more borrowers are taking advantage of the equity in their property by using it as a security to borrow for other purposes.