Investment Property Mortgage features

Flexibility You have the freedom to choose how much you want to borrow - we have no maximum limit, subject to the assessed value of your property; your choice of fixed or variable interest rates; your choice of a 5 year or 20 year term; and your choice as to how you receive that amount.

You can receive your loan as a lump sum, a monthly income or a flexible drawdown. And, ABN AMRO offers a choice between fixed and variable rates, depending on the structure of your loan. We give you the flexibility to choose a combination that best suits your needs.

Competitive rates Our interest rates are very competitive. As you are aware, interest rates rise and fall over time. Speak to your adviser, call us on 1800 99 99 59 or visit our Interest Rates and Comparison Rates page.

How much can you borrow? The amount you can borrow is based on three factors: the agreed value of the investment property, based on an independent valuation; the age of the youngest borrower; and the term of the loan you select.

If you select the 5 year term, the ABN AMRO Investment Property Reverse Mortgage is not dependant on your age. As long as the age of the youngest borrower is over 60, you can borrow up to 40% of the agreed value of your home. The agreed value of the property is based on an independent valuation.

If you select the 20 year term, the age of the youngest borrower is important as it forms the basis for the amount of cash you can borrow against the value of your investment property - this is called the Loan Value Ratio (LVR). See the 20 year term LVRs on the product details page.

While our Investment Property Reverse Mortgage has a minimum amount of $20,000 that you can borrow against the value of your home, we have no maximum limit. Any loan over $1 million will be assessed on an individual basis, with lower LVRs.

There are some key criteria that must be met.