Up to 90% on residential rentals with Non Bank
Rental property loans from Non Bank lenders are available up to 90% for NZ residents living in New Zealand and also up to 90% if you are based overseas. Many of our enquiries for investment home loans are from Australia, including both Kiwis living offshore and Australian citizens (up to 70%) looking at property investment in New Zealand.
Banks often apply strict criteria to non-residents and overseas income, which can make it harder to secure a home loan for investment property. In some of these situations, funding may be more accessible through Non Bank lenders, on a case by case basis, offering flexible rental property loans.
NOTE: For non New Zealand or Australian Residents OIO approval would usually be required. Legal and Accounting advice are also always recommended at the outset.
If you have substantial equity in your home, we may be able to use that equity to help fund up to 100% of a rental purchase through your current bank, or release equity to begin a relationship with a new Bank or Non Bank lender. This can be a practical way to secure a home loan for rental property while building your investment portfolio. We can also assist with home equity loan solutions if you are looking to unlock equity from an existing property.
You may be finding it difficult to raise a deposit through your bank for your first investment purchase, or you may already own several rentals and want to expand further. In either case, the right investment home loan structure can make a big difference. We can help you explore options for loaning for a rental property, whether you are buying your first rental or adding to an established portfolio.
While investment home loan rates are always an important consideration, flexibility and access to funding can be just as important when you are trying to move quickly on the right opportunity. If the property requires upgrades or redevelopment, we can also align the funding with construction finance where needed.