Our Products
Ready to buy, call us on 07 4723 8077 or send an email.
Full Documentation Loans:Require full information disclosure and therefore will provide a lower rate of interest. Interest Rates vary from introducer rates as low as 4.99% for the 1st year up to the base standard variable rate of around 5.8%.
Professional Packages:Are known by different names with different banks. Basically they are a full documentation loan (all tax records available) over $150,000.00 that will provide a discount of interest ranging from 0.7% to 0.4% below the standard variable rate. Many other varied benefits attach to these loans, depending on the Bank.
Low Doc Loans:Are loans to borrowers with an ABN of 80% or less of the value of the property. They are generally used when the borrower does not have full financial returns or has not been a business for more than two years. Generally most banks will allow the borrowers to self certify their financial position and as a risk minimizer, interest rates are higher. Investors can have interest only.
No Doc Loans:This is available at 70% loan to value ratio and the loan is provided with almost no financial records necessary.Once again you need to have an ABN number. The bank may also lend you the Mortgage Insurance.
95% Home Loan:There are many banks that provide 95% finance to home buyers. Interest rates vary but see us for the most suited deal. Generally speaking - the higher percentage (LVR) you borrow the more interest you pay.
Genuine Savings 95%/5% Loan:Remember when the Banks needed you to provide to them that you actually saved your deposit? Well that doesn't apply anymore. Get 5% deposit together - any how you can - and we can get you a low interest loan from many banks and financiers. This is ideal for First Home Buyers with the $14,000 ($21,000 for construction) First Home Owners Grant.
100% Loan:If you need or want to get into your home sooner, you could utilize the 100% loan offered by some lenders now. These loans are becoming rarer in light of current financial conditions, but they are still available. With the FHOG where it currently is, there is little need to go down this path. It must also be considered as *LMI is payable and can be considerably more than a 95% loan. Please call for further explanation.
*LMI - Lenders Mortgage Insurance. An insurance that covers the lender should there be a shortfall when a property is sold to recover debts outstanding.
Bank Fees:Vary from bank to bank and sometimes the financier with the lowest interest rate could cost you more in fees. Our team will find the best deal to suit your special needs.
Commercial Loans:Many Banks now allow you to use residential property for a commercial loan and only charge residential rates of interest.
Line of Credit:This allows you to use existing residential security to borrow and pay interest only on the actual amount you need at the time.
When you need a home loan we'll come to you.
Please call us, on 07 4723 8077 or send an email.