Home Loan Options

Explore Your Home Loan Options

With so many home loan options available, finding the right loan for your needs can feel overwhelming. We’ve outlined the different types of home loans available to help you understand your options and choose a solution that suits your financial goals, circumstances and borrowing needs.

Basic Variable Rate Loans

Basic variable rate loans are extremely popular due to their low interest rates. Depending on the lender, they may charge a monthly account keeping fee. The trade-off with these types of products is that they are limited on features. Offset accounts are usually not offered on this product.

Standard Variable Rate Loans

Standard variable rate loans are known for their flexibility and features. Partly fixing, loan splits, offset accounts, additional repayments and redraw are usually standard with this type of product. Professional packages are available for standard variable loans, which enables clients to receive interest rate discounts on specific loans, cheaper insurance and further reductions on other banking products.

Fixed Rate Loans

Fixed rate loans protect borrowers against interest rate rises for a given period of time although work against borrowers when rates fall. Fixed rate loans are popular amongst investors and home owners that require a level of security when forward planning their repayments.

Line of Credit Accounts

Line of credit accounts allow borrowers to unlock the equity in their properties for any worthwhile purpose such as renovating, investing, motor vehicles, children’s education, etc. These types of products provide a low cost option to other forms of personal lending with the flexibility of allowing interest to capitalise.

Low-Doc Loans

Low-doc loans are a great solution where borrowers can afford the loan repayments but are unable to disclose full financial details. Low-doc loans are popular amongst self-employed applicants or where they have an irregular income stream.

Non-Conforming Loans

Non-conforming loans are designed to benefit borrowers who do not meet mainstream lenders’ criteria. These types of loans are the perfect solution where a borrowers’ credit history may have been impaired due to a one-off situation such as divorce, failed business, illness, or temporary unemployment. Interest rates are higher than conventional loan.

Find a Home Loan That Fits Your Needs

Every borrower’s situation is different, which is why there’s no one-size-fits-all home loan. Whether you’re buying your first home, refinancing, investing or building a new property, the right loan structure can make a difference.

We offer access to a wide range of loan options, including variable and fixed rate loans, basic home loans, low-doc loans and more. Our mortgage brokers can help you compare the available options and understand the features, rates and costs before you make a decision.

Explore your options and find a loan that works for you.

Ready to Find Your Ideal Home Loan?

Speak with an experienced mortgage broker today and discover lending solutions tailored to your needs.