November 2017’s cheapest investor home loans

Adam Smith 9 November 2017

Rolls of coins

The RBA may be happy that things are getting tougher for investors, but it's a different story for Aussies looking to build a property portfolio. Good deals are still out there, though.

Details of the home loans featured on this page were correct for 9 November 2017. Check out all our investment property loans here

The Reserve Bank’s decision to hold off on hiking interest rates in November was partially influenced by regulatory changes that have made it tougher for investors to borrow. In the statement accompanying the cash rate decision, RBA governor Philip Lowe said APRA’s supervisory measures had managed to take the heat out of the housing market.

“Credit standards have been tightened in a way that has reduced the risk profile of borrowers,” he said.

But while it may be a tougher market for investors, there are still great deals available. We looked through our database to find the cheapest investor home loans available through finder. To make sure the loans we chose could help the average investor, we applied a few criteria:

  • A minimum loan amount no greater than $350,000
  • A maximum loan amount of more than $500,000
  • Excludes line of credit, guarantor and construction loans
  • Rates are correct as of 9 November 2017

Scroll through the table to see our cheapest investor loans for November, or keep reading below to learn more about each home loan.

LoanInterest rate
Bank Of Queensland 2 Year Fixed Rate3.85%
UBank UHomeLoan 1 Year Fixed Rate (Investor)3.99%
Tic:Toc Invest Variable Rate3.99%
NAB Choice Package 2 Year Fixed Rate (Investor P&I)4.09%
loans.com.au Essentials - Variable (Investor, P&I)4.09%
State Custodians Low Rate Loan with Offset (Investor,
P&I)
4.09%

Bank of Queensland 2-year fixed rate

You can lock in a low rate for two years and borrow up to 95% of the value of the property you’re buying with this Bank of Queensland loan. You can also make up to $5,000 in additional repayments per year to give yourself even more breathing room and pay your mortgage off faster.

UBank UHomeLoan 1-year fixed rate

UBank’s investor product allows you to lock in your rate for 1 year. You’ll pay no application fees or ongoing fees, and for a $395 fee, you can lock in your rate in case fixed rates change between the time you apply and the time your home loan settles. You can also make up to $20,000 in extra repayments.

Tic:Toc Invest Variable Rate Home Loan

Tic:Toc investment variable loan not only offers a sharp rate for property investors, it also offers a convenient online application process. You can go through the entire application process online and get approval in as little as 22 minutes. You can even add an offset account for just $10 a month.

NAB Choice Package 2-year fixed rate

You’ll have your application and service fees waived for choosing this 2-year fixed package product. You can also score a discount on the bank’s standard fixed rate, and could be eligible for discounts and bonuses on other NAB products such as insurance, credit cards and savings accounts.

loans.com.au Essentials variable

The loans.com.au Essentials home loan keeps your rate low by eschewing some of the features that can attract extra fees. In spite of being a basic home loan, though, it comes with some flexible features such as a redraw facility and the offer to split your loan up to five times.

State Custodians Low Rate Home Loan with Offset

It’s rare to find a low rate, low fee home loan with an offset account, but that’s exactly what this State Custodians product offers. You can also access any additional repayments you’ve made through the loan’s online redraw facility.

*Our cheapest investment home loans roundup is a monthly regular article that features the cheapest loans in finder's database. The rates and other information in this page are correct at the time of publication and are subject to change. There may be cheaper loans on the market than the ones listed here.The home loans in the table above were taken from finder.com.au's database on 12 September.

Want to compare more options? Check out all our investment property home loans

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