If you're thinking of becoming a landlord, planning is essential to make sure you get the most from your residential investment property.
Key considerations include:
- You may be able to use the equity in your current home to invest in another property.
- Earn additional income to pay off the home loan.
At BSP we can help you buy your second home or your investment property.
Where to apply?
You can speak to a Personal Lending Officer or a Branch Manager at your nearest local BSP Branch.
How to apply
Obtain a Loan Application at your nearest branch or click here
What do I need to bring with me?
Complete an application form;
Letter of confirmation of employment & remuneration from current employer;
Letter of offer from the customer confirming the purchase price and copy of the state lease;
Letter of acceptance form the vendor;
Evidence of 30% equity contribution by the customer;
Super ID and copy of the latest statement;
Copy of Driver's Licence;
Salary Deduction Authority;
Quotation or invoices for the purpose of the loan;
Confirmation of ownership of major assets advised e.g.; copy of state lease, cop of vehicle registration, must be provided with your application.
Investment Property Loan Brochure
For more information, please view our Investment Property Loan Brochure.
For more information
For further information please speak with your Relationship Manager or Call our Customer Service Centre on (682) 22014 or
You can also visit any of our BSP branches in your country.