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Investing in property can be a strategic way to build wealth, and TAP Mortgage Solutions is here to guide you through accessing the right investment loan options. Whether you're in Queensland, Victoria, or anywhere across Australia, understanding the landscape of investment loans is crucial. With our expertise, we help you tap into various options from banks and lenders, ensuring your financial goals are within reach. From assessing interest rates to managing lenders mortgage insurance (LMI), we focus on providing you with a clear path to property investment.
When considering an investment loan, the first step is to evaluate your financial situation. This involves understanding your credit history, borrowing capacity, and the loan amount you require. At TAP Mortgage Solutions, we assist you in analysing these factors, providing insight into how they influence your access to investment loan options. We help demystify terms like loan to value ratio (LVR) and explain how they affect things like lenders mortgage insurance and interest rate discounts. Our approach ensures you make informed decisions when buying a home or expanding your investment property portfolio.
Another crucial aspect is the investment loan application process. It can seem complex, but with TAP Mortgage Solutions, you're not alone. We offer a streamlined application process that simplifies steps such as gathering bank statements and calculating investment loan repayments. Whether you're applying for your first investment property or adding to your portfolio, we guide you through each stage. We discuss variable and fixed interest rate options, helping you determine which suits your financial plans best. Our expertise also extends to understanding how the current property market conditions can impact your investment strategy.
Considering additional costs like stamp duty is essential when applying for an investment loan. Stamp duty varies across states, and we help you incorporate this into your financial planning. By doing so, you're better prepared for the costs associated with buying a home as an investment. TAP Mortgage Solutions ensures that you understand all aspects of your investment loan options, making the application process more transparent and less overwhelming.
As you embark on your property investment journey, remember that TAP Mortgage Solutions is here to support you every step of the way. Our dedication lies in helping Australians like you achieve their financial aspirations by accessing the right investment loan options. We encourage you to reach out for personalised advice tailored to your unique circumstances. Let us assist you in navigating the complexities of investment loans, ensuring your path to property investment is as smooth as possible.
Lap 1: Book a Meeting
The journey begins with an initial consultation with one of our experienced Mortgage Planners. We take the time to understand your financial goals and discuss Investment Loan options, including any special policies you may be eligible for.
Lap 2: Fact-Finding & Payslips
We gather essential information about your financial situation, including income, assets, liabilities, and credit history. This step helps determine your borrowing capacity and ensures we assess suitable Investment Loan options.
Lap 3: Appointment – Work With vs Work For
We work alongside you, not just for you. This step is about collaborating to find the most suitable loan solution that aligns with your financial needs and long-term goals.
Lap 4: Loan Recommendation
Based on your financial profile, we assess suitable loan options from a range of lenders. We guide you through different Investment Loan types, interest rate structures (fixed vs. variable), and potential discounts to help you make an informed decision.
Lap 5: Document Gathering – Final Preparation
Once you’ve selected your preferred loan, we assist in gathering all the necessary documents, ensuring everything is in order for submission. This includes bank statements, identification, and any additional lender requirements.
Lap 6: Loan Application Lodgement
We submit your completed application to the lender and liaise on your behalf to ensure a smooth process. Our team will keep you updated on progress and any additional requirements from the lender.
Lap 7: Approval / Pre-Approval
If you’re seeking a pre-approval, this gives you confidence to make offers on properties. However, pre-approval is not a guarantee of final approval—the lender will still need to complete full assessments, including property valuation and financial verification.
Once your loan reaches formal approval, the lender confirms the loan is fully assessed and ready for settlement. At this stage, we ensure all conditions are met so you can move forward with certainty.
We also guide you through key factors such as Loan to Value Ratio (LVR) and whether Lenders Mortgage Insurance (LMI) applies, ensuring you understand your loan structure before proceeding.
Lap 8: Document Signing
With loan approval in place, you’ll receive formal loan documents for signing. We walk you through the terms and conditions to ensure you understand your obligations before proceeding.
Lap 9: Settlement
On settlement day, your Investment Loan is finalised, and funds are transferred according to your loan purpose—whether for a property purchase, refinance, or loan increase. The final steps will depend on your loan structure and lender requirements, and we’ll guide you through the process to ensure a seamless transition.
Lap 10: Ongoing Check-Ins & Support
Our support doesn’t stop after settlement! We provide regular check-ins to help you manage your loan, review interest rates, and ensure your mortgage continues to meet your needs.
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Sam
Troy is absolutely fantastic and such a pleasure to deal with. Incredibly knowledgeable with finance and spends as much as time as you need to go through all the finer details and work out what will best suit your needs. Can't recommend Troy enough, I have been and will continue to use him for finances as he just takes the hassle out of it all while still getting great deals and saving money! It's a win-win being with Troy
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Sam
Troy has been fantastic. I've been with him for a few years now with finances and each time we need to organise something or have a question he is on straight away and always willing to help. Its really nice to know when it comes to dealing with this type of thing, I have someone in my corner who I can trust and rely on
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Tegan Edmondson
10/10 It is always such a pleasure working with Troy. He provides us with such amazing service with excellent communication! Highly recommend Troy and will continue to use him well into the future.
A mortgage broker will recommend a product based on what you say is most important to you – for example, “pay my loan off quickly” or “guaranteed repayments” or “low cost”. We do however, live by the following; “if you want flexibility take a variable rate loan, if you want budget certainty, take a fixed rate loan, if you want both, then do a split loan.”
Lenders will only sell you their own products. Each bank (or lender) has a variety of loan products on offer – low doc, package loans, loans with re-draw facilities, plant and equipment loans, fixed rate loans, interest only, interested in advance, variable, introductory variable… and so on. The issue you face as a consumer is ‘which loan is right for me?’ And that is where your mortgage broker becomes an invaluable resource!
If you go direct to the bank, you will only be offered the loan options available through that one lender. As your mortgage broker, we do all the leg work to find the right loan for your needs. We are across many lenders and all of their loan products, and our sole purpose is to find a suitable loan to match your personal financial circumstances and goals.
We are Connective Brokers and we have access to many lenders. This means we can source you a loan from different lenders to provide you with a variety of options that are suitable for you and your situation.
There are specific factors that need to be considered when determining how much a customer can borrow, such as income, employment position, the deposit saved, current living expenses and any liabilities. Our borrowing calculator can give you a rough idea of how much you may be able to borrow. For a more accurate assessment, please give us a call and we can go into your options and discuss your circumstances in more detail.
Mortgage brokers do not set rates. The Reserve Bank of Australia meet on the first Tuesday of every month to determine the official cash rate for the country. The lenders then use this information to set their own rates. Lenders also adjust their rates according to their costs and other economic considerations.
Some brokers charge a fee for their service which they must disclose to you up-front before you engage their services. However, the costs of the loan are the same. These costs depend on the loan and lender you choose. If you want to save on loan costs, just tell us. We can locate loan products from the lenders with the lowest fees and charges.
Mortgage brokers are qualified finance industry professionals. They work with you to determine your borrowing needs and objectives, and to help you determine how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for you. Like your solicitor, accountant or financial planner, we are specialists in what we do and will provide you with a suitable finance solution to help you achieve your goals. With a mortgage broker, you can expect a more personalised level of service than you would usually receive directly from a lender.
Additionally, our brokers have access to finance products from a wide variety of lenders. This means your broker can compare lending products from different lenders to find a loan that’s just right for you.
Some mortgage brokers charge a fee for their services and some don’t. When you take out a loan via a mortgage broker, it does not cost you more in loan repayments. Brokers get paid a commission by the lender for bringing new business to them, but this does not impact your interest rate. Some brokers charge a fee for their service. They must disclose this fee upfront to you so that you know what it will cost if you engage their services.
Absolutely not. First of all, there is very little difference between the commissions paid by the various lenders. There is also legislation in our industry called the National Consumer Credit Protection Act (or NCCP), that is designed to protect consumers and ensure ethical and professional standards in the finance industry. We tell you upfront what commission we will be getting from the lender. Our job, our only job, is to find a competitive loan for your needs and objectives.
Sure thing! We are mobile brokers so we can come to you.
The primary advantage of using a broker for financing large purchases beyond property is the ability to secure finance tailored to your specific financial circumstances and needs. For depreciating assets, the right financing can potentially save you money on interest and fees or help maximise your tax benefits.
Not sure what type of loan suits your current financial situation? That’s where we come in. We provide customised finance solutions selected from a panel of leading lenders, ensuring your loan is working in your best interest. Contact us today to discover how we can assist you.
The Trustee for QLD Mortgage and Finance Trust ABN: 75 374 008 331. Credit Representative #465891 is authorised under Australian Credit License #389328.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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