Hi All. I'm looking to purchase a 2nd I.P and having a little trouble acquiring finance. Brief overview is that we are self employed living in PPOR with $440 000 owing paying P and I (est value $820 000). We have one I.P in Sydney, paying I.O, owing $270 000 (est value $650 000). Interest rate on these loans is 3.92%. Serviceability appears to be an issue with CBA as we have a relatively low combined income of $91 000. Our business has been established for over 3 years. CBA will lend us $400 000, although this is roughly $150 000 short of what we are budgeting for our next purchase. I understand lending criteria has tightened for investors. CBA suggested we can borrow $150 000 as a deposit loan, and go to a broker for the remainder. He mentioned that we may pay a premium interest rate on the $400K. Q1. Can anyone suggest a better strategy? Q2. Will I generally pay a higher interest rate when acquiring finance through a broker? Q3. Any suggestions for other lenders with more favourable lending criteria? Thanks for reading and look forward to your responses! Apologise in advance if this has been covered previously.