Keeping my first home.

Turning your current home into an investment.

So your buying your next home, but you want to keep your first home as an investment property.

There are many reasons why you might want to keep your current home, as a holiday home, a second home for your children or the option of turning your existing home into a rental investment property.

The amount you can borrow will depend on

  • Your ability to service the current loan plus the new loan.
  • The bank valuation on both properties, compared to your total loan amount.
  • The equity in your current property.
  • The rental income from the investment property.

If you are using a protected asset, like your next owner occupied property as security for the investment property, it is important that your next home mortgage is structured correctly, so that you are protected by the Uniform Consumer Credit Code (UCCC).

Talk to our mortgage specialist to get a better understanding of the ins and out of property investment and loan options. Call 1300 222 667