Purchasing your home is often the single most expensive thing you will ever buy so it pays to get it right!
There are currently more than 2,000 home loan products available through 30 different lenders and banks. Finding the one that is right for you can be a time consuming and confusing process.
What is the right kind of loan for me?
Finding the right home loan in a market full of choices is no mean feat. The differences between them can be subtle yet have an enormous impact upon your financial situation.
The most popular type of home loan is a Variable Rate home loan. This loan is based on the official Reserve Bank rate and cost of funds. If rates or costs go up, so do your repayments. Equally, if rates or costs go down, your repayments may also follow suit. Although this is the most popular home loan, it may not be the best choice for you.
When selecting a home loan package it is important to take into consideration both your current situation and your plans for the future. The current interest rate is important but so too is the loan structure and the cost over the anticipated life of your loan.
Why should I speak to Purely Finance?
As experts in our field, with a passion for finance and a keen eye on changes and developments, our financial advisers are best placed to guide you in finding the right home loan for your situation.
We understand what lenders are looking for and, because we are a completely independent company, our sole interest is in working with you to find the best solution for your needs.
We can provide you with the most up-to-date information on loans such as:
- Standard Variable Rate Home Loan
- Basic Variable Rate Home Loan
- Fixed Rate Home Loan
- Split Loan
- Introductory or Honeymoon Home Loan
- All-in-One Home Loan
- Line of Credit / Equity Home Loan
- Low Doc Home Loan
- Bridging Home Loan
- Non-conforming Home Loan
- Professional Package Product
- Self Managed Superannuation Fund Loan
- Investor Loans
- 1st Home Buyer Loans
- Reverse Mortgages
Finding a property can be a challenge, especially when you have so many different considerations to take into account. Give yourself a head start through determining your ‘must have’ features compared to those you could possibly live without.
Download our “Choosing your home checklist” by clicking the image on the left.
Contact our office on (08) 9453 8888 and ask to speak to one of our advisers. Let us help you secure the best home loan for your needs.