Mortgage for multiple units

Purchasing a whole block of units ( under one title or multiple /strata title) can seem like a great investment from a investors point of view.

But this is not the case with most lenders; especially if it's strata titled or there are more then 3 units under one title.

* Strict property location and property design applies- contract us to see what is possible!*

Note: Information on this page applies to existing properties only - no construction. For construction contact us for more details.

Finance for block of 2-3 units/properties

Consider as standard security by most lenders.

	Lender 1	Lender 2
location conditions	All areas	All areas
LVR	95%	95%
Min - Max Loan amount	$50,000 - $3,500,000	$50,000 - $3,500,000
Interest only allowed	Yes	Yes
Percentage of rent taken into servicing the loan	80%	100% ( Condition applies)

	Lender 1	Lender 2
location conditions	Most areas	Location condition applies
LVR	80% (Condition applies)	90% ( Condition applies)
Min - Max Loan amount	$250,000 - $2,000,000	$50,000 - $3,500,000
Interest only allowed	Yes	Yes
Percentage of rent taken into servicing the loan	70%	70%

	Lender 1	Lender 2
location conditions	Metro only	Location condition applies
LVR	70-80% ( Condition applies)	65%
Min - Max Loan amount	$400,000- $2,000,000	$150,000 - $3,500,000
Interest only allowed	Yes	No
Percentage of rent taken into servicing the loan	65%	80%

	Lender 1	Lender 2
location conditions	case by case	case by case
LVR	60%	65%
Min - Max Loan amount	$200,000- $5,000,000	$150,000 - $2,500,000
Interest only allowed	Yes ( Condition applies)	Yes
Percentage of rent taken into servicing the loan	60%	60%