Resources: Home Loan Types
- Is the low doc and no doc home loan dead
News about low doc or no doc home loans have really died down over the last year. That's because the new federal government regulations have impacted the way Australian's can borrow money. To......
- Low Doc Home Loans
With people self-employed or employed on contract their income patterns do not let them qualify for a traditional type of loan. A low documentation loan allows them to self-certify their income......
- Intro Rate Home Loans
Also known as a honeymoon rate, this low interest rate is offered at the start of a loan to get the borrower started. After a set period the rate converts to a standard rate. Rates can be fixed or......
- Non Conforming Home Loans
This is the loan for borrowers that do not meet 'standard' bank criteria which could include those with a poor credit history, small or no-deposit holders and non-residents. Advantages ......
- Professional Package Home Loans
It is a common misconception that this loan is for professionals only and depending on the loan size can offer great interest rate discounts. In most cases the only requirement you need to......
- Line of Credit Home Loans
A revolving line of credit that is secured against a property. It becomes a fully functional account so if cash is needed the borrower draws against that limit by either a debit card or cheque. The......
- Variable Rate Home Loans
This is the most common loan offered by lenders and with repayment periods of up to 30 years is used by many people to buy their homes . To motivate buyers to choose this type of loan lending......
- Fixed Rate Home Loans
With a fixed rate loan your interest rate and repayments are fixed for a set period, usually between one and five years. Most fixed loans will automatically default to a variable loan at the......
- Reverse Mortgage Home Loans
This type of mortgage is available to residential property owners over 60. By using equity in the home it enables those eligible to release funds and these funds then act as an income......
- Basic Home Loans
One of the most popular home loans. Commonly called ‘No Frills Loans' with rates that are generally cheaper than the Standard Variable Rate. They have very limited features and......
- A Guide to fixed rate home loans
The interest rate attached to your home loan or mortgage determines what your home loan costs you each month. Fluctuations in interest rates, even minor ones, can affect what you repay over the......
- A Great Home Loan Research Tool
We love to compare and shop around for good deals. And it's not just large purchases like TV's, holidays or cars that we are comparing. Even the prices of everyday items are being compared for......
