Now could be the right time for your investor customers to make a move from their investor P&I loan to an investor interest only (IO) loan.
Retro's investor IO loan has recently been priced equally with investor P&I, and with increased borrowing capacity, a Retro loan could be a great option for investors.
Common sense investment lending with Retro
With a Retro full doc Investor IO loan, your investor customers get common-sense flexible lending.
Common debt reducer
Retro has the ability to treat as single (for spousal), in conjunction with looking at 50% of debt and 50% of rental income for external joint investment debt if they are non-spousal.
Common sense approach to credit
Retro empowers its credit team to make common-sense decisions on applications, giving brokers direct access to senior credit to workshop scenarios prior to lodgement.
If you have a scenario, complete this template and send it to scenarios@afghomeloans.com.au or get in touch with your BRM today to discuss how a Retro Investor IO loan can work for your investor customers.
For the full Retro specifications, niche policies, and latest ratecard, visit Lenders.