Which Home Loan Is Right For Me?
With so many different loan products on the market, finding a home loan is not as simple as it used to be. There is a range of options available to you that may save you money, provide you with greater flexibility and peace of mind.
Our friendly consultants are experts and have strong knowledge and experience in the home loan market. As part of our sophisticated process, our consultants will use start of the art technology to compare hundreds of loans in a matter of minutes. This means we save you time and do the research for you. We will then provide you with a short list of loans that are tailored to your individualised needs – simplifying the loan selection process.
Common Types of First Home Buyer Loans:
Low-Deposit Loans: Allows buyers to purchase with as little as 5% deposit, often supported by government guarantees.
Fixed-Rate Loans: Offers consistent repayments with a locked interest rate for a set period, ideal for budgeting.
Variable-Rate Loans: Provides flexibility with interest rates that can fluctuate based on market conditions.
Split Loans: Combines fixed and variable rates for a balance of stability and flexibility.
Guarantor Loans: Enables buyers to use a family member’s property as security to avoid Lenders Mortgage Insurance (LMI).
First Home Loan Deposit Scheme (FHLDS): Government-backed loans with low deposits and no LMI for eligible buyers.