• Investor Home Loan

    Reach your investment goals

  • Investor Home Loan
    Interest rate p.a. 5.10% Variable
    Comparison rate* p.a. A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan 5.39%

    Ideal for:
    Investors

    • Interest-only repayments for 5 or 10 years
    • Construction Option available
    • Fast Track Option available
    • Borrow up to 95% LVR with Lender’s Mortgage Insurance.
     
    • Interest rate p.a. 5.10%
      Comparison rate* p.a. A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan5.39%
      Minimum loan size Minimum loan size to be borrowed$15,000
      Maximum loan size Maximum loan size to be borrowedNo maximum
      Owner Occupier Max LVR The maximum loan to value ratio ("LVR") means the amount you can borrow expressed as a percentage of the security (property) value. For example, 90% LVR means you can borrow up to 90% of the value of the property951
      Investor Max LVR The maximum loan to value ratio ("LVR") means the amount you can borrow expressed as a percentage of the security (property) value. For example, 90% LVR means you can borrow up to 90% of the value of the property 952
      Redraw A redraw facility allows you access to the available funds (if any) in your home loanYes
      Yes- no minimum
      Loan Splitting Splitting the loan into two (or more) accounts, usually one part at a fixed interest rate and the other at a variable interest rateYes
      Minimum $15,000
      Interest Only payments The borrower elects to make repayments covering the interest charged only and not on the principal. The interest only period is usually limited to a maximum of 5 or 10 years depending on the home loan type and term selected by the customerYes
      Up to a total of 10 years3 with a mandatory first 5 years.
      Interest Capitalisation The act of adding any interest charged, and not repaid, onto the loan (the capital). Interest is then calculated on this new 'capitalised' amountNo
      Weekly/Fortnightly/Monthly Payments Weekly: No
      Fortnightly: No
      Monthly: Yes
      Extra payments Yes- no minimum
      Deposit methods Direct debit, Salary Credit, BPAY®4 ^myRAMS
      Loan fixing

      No - At origination

      Yes - Post settlement

      Fee - $295

      Loan switching You can 'switch' your loan's variable interest rate to a fixed interest rate (subject to the terms and conditions of the loan)

      Convert to any Full Doc product at anytime.

      Conversion fee - $295

      Repayment Holiday If you've built up enough of a buffer on your home loan through making extra repayments you can take a temporary 'repayment holiday' until such time as you are no longer in front in your loan repaymentsYes
      Debit card6 & chequebook A debit card gives you access to the available redraw in your home loan via ATMs or Bank@PostNo
      Tier 2 Genuine Savings Option7No
      Value Advantage Package Eligibility8No
      ATM9/EFTPOS & cheque access free transactions No
      Statement frequency Every 6 months
      Lender's Mortgage Insurance premium payable by customer

      Up to $1.5m when LVR is over 80%

      >$1.5m up to $3.5m when LVR is over 70%

      >$3.5m when LVR is over 60%

      RAMS Risk Fee payable by customer Charged instead of a Lender’s Mortgage Insurance premium on certain loans with LVR above 90%10
      Capitalisation of Lenders' Mortgage Insurance or RAMS Risk Fee - LVR up to Lender's Mortgage Insurance or RAMS Risk Fee can be added to the total loan amount up to the maximum loan to value ratio95%
    • Application fee Fees charged to cover or partially cover the lender's costs of processing a loan approval for a home buyer$595
      Valuation fee First valuation free! $220 for each additional valuation.
      Account keeping fee$20 per month
      Discharge fee $295 per loan (plus legal costs)
      Loan settlement fee $275
      • icon

        Deposit Bond

        Arrange a deposit without touching your savings

        Obtaining a Deposit Bond through RAMS could help you secure your dream home by providing you with an alternative to finding a cash deposit before settlement. A Deposit Bond acts as a guarantee to the vendor, allowing the purchaser to pay the deposit amount (together with the balance of the purchase price) on the day of settlement (rather than funding a deposit up front/on exchange). In addition, a deposit bond could also save you the costs of obtaining bridging finance in order to pay your deposit. More details

      • icon

        Fast Track

        You could buy your first home sooner and save on mortgage insurance

        The support of family is priceless and when they’re happy to act as guarantors on your property purchase, they could help you buy your home quicker than you thought and save you thousands in mortgage insurance. More details

      • icon

        Construction Option

        Looking to build or renovate?

        For customers who intend to purchase land and build a new home, RAMS has developed a feature called 'RAMS Construction Option' which can be adopted on many RAMS full and low doc home loans. More details

      • icon

        Lifestyle Option

        You could defer your home loan repayments for up to 6 months

        Life is full of challenges. Some are welcome and others are more of a surprise. Either way, you may need extra support to get through any such challenging times.

        RAMS Lifestyle Option allows you to defer repayments on your loan for up to 6 months – twice during the life of the loan. It’s our way of helping out. Conditions and fees apply so talk to a RAMS Home Loan Specialist to see how we can help.

        More details

      • icon

        Bridging Loan

        Bridge the gap between your old and new property

        RAMS Bridging Option could be just what you need to assist with the purchase of a new property whilst you’re in the process of selling an existing property. It eases the strain of purchasing your new property by bridging the finance gap whilst you wait to receive proceeds from the sale of your existing property. More details

      • icon

        100% Offset Account

        Reduce the amount of interest you pay on your loan

        A Mortgage Offset arrangement links your Variable Rate loan with an Offset Deposit account, so that money you hold in your deposit account can reduce the amount of interest you pay on your loan.

        The more money you have in your offset account, the less interest you pay.

        More details

    • Hypothetical scenario

      Alistair is an architect and wants to own a property. As he can’t afford to live in it yet, he is going to rent it out and negative gear it for a few years first. Alistair looked around and found a nice place, but hadn’t looked as hard for the right loan.

      The RAMS solution

      After Alistair spoke to his RAMS Home Loan Specialist, he found the RAMS Investor Home Loan was ideal. He liked keeping his repayments interest-only, which meant he could keep aside any extra money for renovations.
      Alistair didn’t need a lot of extra features yet and was happy he could stop searching for loans and start looking at all the fittings he needed for his new home.

       

  • Save or share

    Print Bookmark
  • You might also consider...

    Line of Credit

    Unlock the equity in your home

    Interest rate
    p.a.

    5.95% Variable
    A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan Comparison
    rate

    n/a

    Full Feature Home Loan

    All you'll ever need in a home loan

    Interest rate
    p.a.

    5.85% Variable
    A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan Comparison
    rate

    5.92%

    Fixed Rate Home Loan

    The easy way to fix your loan

    Interest rate
    p.a.

    4.79% 2 year
    fixed rate
    A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan Comparison
    rate

    5.74%
  • Why Choose RAMS?

    • Great rates
    • Award winning
    • Personalised service
    • Real choice and better value

     

     

     

  • DISCLAIMER:

    New loans only. Fees, charges, conditions and limitations apply. Subject to RAMS normal lending criteria.

    * Please note: The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest repayments. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

    ^myRAMS is not available to Companies and Trusts and is subject to systems availability.

    1 Maximum 95% LVR on purchase price (or valuation if lower). Funds to cover transaction costs required. Lenders mortgage insurance applies when LVR is >80%. If LVR >85%, evidence of 5% genuine savings required.  2 Lender's mortgage insurance applies when LVR is >80%. If LVR >90%, applicant must hold 10% of the purchase price in equity in other residential real estate or income earning investments and subject to loan serviceability. 3 10 year IO option available for investment purposes only. 4 ® Registered to BPAY Pty Ltd ABN 69 079 137 518.  5 Not applicable on this product. 6 Not applicable on this product. 7 Not applicable on this product. 8 Not applicable on this product. 9 Not applicable on this product. 10 The RAMS Risk Fee is charged because of the increased risk to us due to the high LVR. Whether a Lender's Mortgage Insurance premium or a RAMS Risk Fee is payable will depend on the individual application.11 Not applicable on this product.