
There are literally thousands of home loan products available in Australia. Since the market deregulated, we enjoy an increasingly competitive lending market. Local and international banks, building societies, credit unions and all manner of specialist lenders and offer a seemingly endless choice of home loan options, including honeymoon rates, introductory rates, fixed rates, standard variable rates, redraw rates, line of credit loans, interest-only loans and so on. While different loans target different markets, like everything, you pretty much get what you are prepared to pay for.
There are plenty of opportunities around if you know where to look and who to ask. When you go for a home loan, you are looking for the best value you can get for your lifestyle, the size of the loan, the deposit you have and the type of property you want to finance.
Loan Type Basic Variable Loans Deposit Documentation
Cost Involved Maximum Borrowing Capacity Valuations