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  • NZ Property Investor

    TIME TO LEND A THOUGHT TO COMMERCIAL

    Mar 03, 2022 4 minutes

    Luke Jackson from Resimac explores the new options for investors.

    Not too long ago residential property investors wanting a home loan could drink from the same well as owner-occupiers. By utilising standard retail home loan products they could take advantage of consumer-friendly benefits such as cashback offers, minimal fees, and lower interest rates compared with products designed specifically for investors.

    Alas, this may no longer be a suitable option. From December 1, 2021, changes to the legislation regulating consumer loans – the Credit Contracts and Consumer Finance Act (CCCFA) – have made it increasingly difficult for property investors to utilise retail home products.

    One of the main changes to the CCCFA is

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