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  Types of  Home Loans.  
     

There are home loans for everyone's individual needs. 

The goal here is to match the benefits of a specific loan type with your goals. 

NO DEPOSIT HOME LOAN

Lenders will lend over 95% of the purchase price of a property only if you obtain a security guarantor .e.g. purchase price $300,000, the loan will be $318,000.

This means that most, if not all of the costs (stamp duty and mortgage insurance) can be included in the loan with little or no extra funds being required from you.

 

STANDARD VARIABLE RATE

Standard Variable Rate loans typically offer you maximum flexibility and great features, including the option to fix or split your loan, the ability to make additional repayments when you can afford to, and the option to redraw these funds for any purpose when you need to.

 

BASIC VARIABLE RATE

Basic Variable Rate loans offer a lower interest rate, but fewer features. However, you usually have the option to pay for additional flexibility and features when you need them.

 

FIXED RATE LOANS

Fixed Rate loans protect you against interest rate changes for an agreed time, so you have peace of mind knowing your repayments won't increase. However, you won't benefit if rates go down during the fixed term.

 

COMBINATION OR SPLIT RATE LOANS

Combination or Split Rate loans combine the flexibility of a variable rate and the certainty of a fixed rate, so you benefit when rates drop, and are protected when they increase.

 

NON CONFORMING LOANS

Non-Conforming Loans have been designed especially to help borrowers who do not meet 'standard' lending criteria, including those who have a bad credit history, are unable to provide the required documentation in support of their loan application.

 

HOME EQUITY LOANS

Home Equity Loans (often called line of credit) allow you to unlock the equity in your existing property for other opportunities such as renovating your home, investing in shares or managed funds, or financing an investment property.

 

LINE OF CREDIT LOANS

Line of Credit loans are interest only variable rate loans that allow you to borrow against the equity in a home with the added flexibility of a transaction account built into the home loan.

 

ALL-IN- ONE LOANS

All-In- One Loans feature an everyday transaction account linked to your home loan. By keeping all your money in your loan account, and only redrawing your living expenses as you need to, you can reduce the amount you owe. This, in turn, reduces the amount of interest you have to repay, making your money work harder for you.


     
     

Some testimonials from people that we've helped...

"Easy to contact (both phone and email) and prompt replies. " - Lauren from Hoppers Crossing

"Consultative and although it's taken some time to get right - I appreciate the effort Peter went to to get the result." - Trevor and Jemima from Sunbury

"Both times we have dealt with you it has been hassle free." - Michael and Fiona from Ballarat

"Very friendly always available to answer questions very knowledgable." - Les from Rowville

"As always Peter is there when you need him no matter when or why. I dont have anyone else to recomend as yet but you can be assured as soon as i do they will be coming to you." - Glen and Renee from Berwick

"Straight to the point and you got me the best value for money" - Philip from Everton Park

"Your great work on obtaining our re-finance with Suncorp - they have been exceptional in service as you were! And the fact you ate my scary macaroon biscuits!!! If we need any financial requirements - you will be the first to hear from us!!!" - Jennie and Ray from Sassafras

"Efficiency and Contactability and information provided" - Ellen and Michael from Boronia

"Reliability Objectivity Flexibility, Thanks Peter! We LOVE our new house! It probably wouldn't have happened without your help! In a stressful time it's good to have someone on your side.Reliability Objectivity Flexibility, Thanks Peter! We LOVE our new house! It probably wouldn't have happened without your help! In a stressful time it's good to have someone on your side." - Lauren and Stephen from Warburton

"Thanks for the quick responses to all my correspondence - regular updates with the loan application." - Tina and Peter from Lilydale

"Thanks for responding to my questions so quickly." - George from Kenmore

"Thanks for having the forms ready to fill out and doing the running around for me." - Julie from Lawnton

"Your persistence and follow up was very much appreciated! Thanks for everything." - Rachel and David from Cockatoo

"Peter has level of genuine care and resolve to take a personal interest in my circumstance and case." - Fiona from Edithvale

"Peter has excellent communication and follow-up Knowledge of the choices." - Joanne from Burwood

"Thanks for understanding my finances and needs on how to structure my loan. Very helpful and understanding." - Niki from Fairfield

"Peter was extremely helpful and WOULD BEND OVER BACKWARDS TO ASSIST US." - Donna and Andrew from Hoppers Crossing

"Loved the fact that you asked if we wanted to go with someone else even after we had signed the papers with CBA and you had already done alot of work as it was!" - Stepanie and Greg from Upwey

"Thanks for your speedy responses." - Kylie from Kenmore

"Peter put up with my lack of understanding of the process. Helped me through information requirements from builder which were above beyond the norm." - Victor from Wantirna

"Peter gave me alternatives to buying an established property and the savings that could be had." - Suzanne from Maidstone

"Always kept us updated on the progress would always make sure we understood everything." - Michael and Joanne from Boort

"What did you like the most about me? How you go out of your way for your customers, and your honesty." - Carlo and Rina from Epping

 
 
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