PRODUCTS
What type of home loans are there ? The type of home loans we can provide are: Standard Variable Home Loan Basic Variable Home Loan Fixed Rate Home Loan Split Loan Introductory or Honeymoon Rate Home Loan All - In - One Home Loan Line of Credit / Equity Home Loans Low Doc Loan Bridging Home Loan Non-conforming Home Loan Professional Package Product Over the last 5 years there have been many new home loan types created to meet the varying needs of the market. In fact, we have up to 2000 home loan products available through 30 lenders including the major banks. If you need more information on these types of home loan products and how they suit your individual home loan call us today.
Professional Home Loan Most banks offer a discounted rate to a variety of borrowers. This discount is usually a set percentage off the standard variable rate or a line of credit, with just a few banks offering discount to their fixed rate products.
The criteria for qualifying for a professional package varies form bank to bank, as do their tiers of discounts. The majority of lenders now base their criteria on the size of your loan - with discounts starting for loans greater than $150,000 with a limited number of banks.
For loans greater than $500,000 most lenders will now discount their standard variable rate products by 0.5%. Professional rate products are hard to beat if you qualify. They provide you with a very competitive rate along with all the features most borrowers are wanting today. Call us today to find out more.
Purely Finance Pty Ltd Licensed Finance Broker Number 2424