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The Reduce Home Loans Investor Rate Buster Variable Home Loan allows you to make unlimited extra repayments as well as the option to make repayments fortnightly or monthly. You can borrow up to $3,500,000 with up to 90% LVR your investment loan can be structured to suit your needs.
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Review by
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206) and a Tier 1 Generic Knowledge certification (RG 146).
The Reduce Home Loans Rate Buster is aimed at investors looking to start or grow their investment property portfolio.
With no ongoing fees and unlimited extra repayments you can work towards paying off that investment property sooner. Repayments can be made monthly or fortnightly with both principal and interest or interest only options available, if you opt for the interest only option you can only make monthly repayments.
There are no monthly or annual fees with the Investor Rate Buster Variable. Valuations are also free up to $250. There are some fees you should be aware of:
If the Reduce Home Loans Investor Rate Buster Variable Home Loan seems like a loan that may help you with your property investment wishes click on the 'Go to site' button to be redirected to the Reduce Home Loans website. You can make an enquiry and someone from Reduce Home Loans will be in touch with you shortly to discuss your lending needs.
You must be over 18 years of age and a citizen or resident of Australia in order to apply for a home loan with Reduce Home Loans. As well as this make sure to have the below handy for your application:
2 Comments
September 14, 2017
I am re financing do I still pay all the fee’s.
September 14, 2017
Hi Ray,
Thanks for reaching out to Finder.
Yes, there are costs involved with refinancing your loan, including lender fees and government charges. There definitely are cases where refinancing will cost you more so make sure to compare your options and review the relevant Product Disclosure Statements/Terms and Conditions. See our Refinance home loans page. On the page, is a comparison table you can use to see which lender is right for you. Once you have chosen a particular lender, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with your loan application or get in touch with their representatives for further assistance.
Best Regards,
Joanne