Options for property investors

Mark Collins, CEO of Mike Pero Mortgages talks about the options still available for property investors.

Loan-to-valuation lending restrictions imposed by the reserve bank means that investors now typically require a 40 per cent deposit to buy an investment property. For many investors, pulling such a large deposit together is impossible and means the end of their property investing plans.

The good news is that there are other lenders outside of the big banks who can still help you.

Speak to your local Mike Pero Mortgage Adviser about the different lenders that accept smaller deposits. You can find your nearest Mike Pero Mortgage Adviser here.

Mike Pero (New Zealand) Ltd Copyright © 2020 All rights reserved | Lending and policy criteria and terms and conditions apply. Content on this website is general in nature and is not a recommendation, opinion or guidance to any individuals in relation to acquiring or disposing of a financial product. Readers should not rely on this content and should always seek specific financial advice appropriate to their own individual circumstances.