Purchasing a whole block of units (under one title or strata title) is considered a good capital growth and rental yield investment for many investors.
However, investors who seek finance with a bank directly or other mortagge brokers may find their loan options are limited and, in some cases, they may be force to apply for a commercial loan or a loan with a large deposit. We are different, we will always try to finance a block of unit under residential terms , rates and highest LVR where possible.
*Strict property location and property design/configuration 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
- Finance for duplex
- Finance for triplex
- Finance for twin house
- Finance for Granny flat or subdivision
- Finance for two approved properties on one title
- Finance for block of 2 -3 units on one title
- Finance for construction of multiple units – allowed
- Finance for construction of duplex – allowed
| Lender1 | Lender2 | |
| Location Conditions | All areas - Statewide | All areas - Statewide |
| LVR | 98% (95% + LMI) | 95% |
| Loan type | Normal Residential | Normal Residential |
| Interest only allowed | Yes | Yes |
| Percentage of rent taken into servicing the loan | 90% | 95% |
Financing a block of units can be done under residential terms and rates
Finance for block of 4 units/properties
- Finance for block of 4 units under one title
- Finance for a Quad
- Finance for block of units
- Finance for construction of 4 units – allowed
| Lender1 | Lender2 | |
| Location Conditions | All areas - Statewide | All areas - Statewide |
| LVR | 90% | 70-80% Depending on location (Metro VS regional) |
| Loan type | Normal Residential | Normal Residential |
| Interest only allowed | Yes | Yes |
| Percentage of rent taken into servicing the loan | 80% | 100% |
Finance for block of 5-7 units/properties
- Finance for block of 5 units
- Finance for block of 6 units
- Finance for block of 7 units
- Finance for block of units
| Lender1 | Lender2 | |
| Local conditions | Most areas- Statewide | Most areas- Statewide |
| LVR | 60-70% | 65% |
| Loan type | Normal Residential | Normal Residential + with a small rate loading applied by the bank |
| Interest only allowed | Yes | Yes |
| Percentage of rent taken into servicing the loan | 80% | 100% |
Finance Multiple units under one title, 8 or over 8
- Finance for block of 8 units under one title
- Finance for block of 9 units under one title
- Finance for block of 10 units under one title
- Finance for block of over 10+ (Contact us for more details for block of 10 or more)
| Lender1 | Lender2 | |
Local conditions | Most areas- Statewide | Capital city only and major regional |
| LVR | 60% | 80% |
| Loan type | Normal Residential + with a small rate loading applied by the bank | Commercial loan |
| Interest only allowed | Yes | Yes |
| Percentage of rent taken into servicing the loan | 100% | 100% |