Low interest rate loan can knock 15 years off a mortgage

Want to save money on your home loan? In order to get a two percent interest rate on your home loan you need to get a pivot loan. You basically borrow money for a lower interest rate for your home property loan but then turn around and borrow for a higher rate for an investment property but that interest is tax deductible. While there is criteria to get this loan you can save yourself a lot of money if you have a home loan and an investment property.

Key Takeaways:

Mr Sheahan discovers a loan with an incredible interest rate of only two percent, allowing paying off his home to be much easier.
These low interest loans are not just for everybody however, as people have to meet a strict criteria to be qualified.
Finance experts say that these loans, if you’re an investor willing to switch gears, can be an amazing win-win for a home owner in need.

“To secure his low interest loan Mr Sheahan shifted the interest across to the loan he had on his investment property”