Getting more finance in a tougher lending market [Video]

Are the tighter lending criteria holding you back?

Well…you’re in good company as the majority of property investors and home buyers we’re speaking with are finding the current stricter bank serviceability criteria are an issue for them.

Over the years I’ve realised that real estate investing is a game of finance, with some properties thrown in the middle.

But with the finance landscaping is changing before our eyes, I recently had a chat with finance strategist Andrew Mirams to see what this means for property investors.

Watch as we discuss:

What is the current lending environment like? Are the banks open for business?
Are there really loans with an interest rate with a 3 in front of them
When APRA may lift its restrictions on lending
How to decide P&I or interest only loan
Is it worth considering interest only on your home loan (with an offset account)?
Other than rates what should I look for in my loan
Will it become harder or easier for investors to borrow?

About Michael Yardney

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au