Loan types we service
Read about the loan services we offer.
The loan is secured against your property so if you are unable to continue paying the loan, the lender may ultimately require you to sell the property to settle the debt.
A car loan is pretty much what you think it is: It is a personal loan, the proceeds of which are used to purchase an automobile. More specifically, a lender loans the borrower (you) the cash it takes to purchase a vehicle. In return, the borrower agrees to pay back the lender the amount of the loan plus interest, usually in monthly payments, until the amount owed is fully paid off.
Loan Type Options
A variable rate home loan is one of the most popular mortgages around. A standard loan which offers the right mix of features and flexibility. A variable rate home loan is exactly what it sounds like: a home loan on which the interest rate can fluctuate, varying up and down at any time.
A fixed rate home loan offers a fixed interest rate for a set period of time. It locks in a certain interest rate for a certain time period, usually between 1 and 5 years depending on which product you choose. There are exit fees involved when a fixed rate home loan is broken.
A split home loan is when you divide your loan into multiple parts – meaning you could nominate a portion of the loan to have a fixed interest rate and the remainder could have a variable interest rate.
line of credit
While traditional personal loans have a fixed term, a line of credit lets you access extra money whenever you want (up to your credit limit). This means you can use it as and when you need it without applying for another loan, which allows more flexibility than fixed-term loans.
An offset loan is a type of lending arrangement, usually for a mortgage, in which a borrower also maintains a savings account with the lender. Instead of receiving interest on the savings account, the interest payment due on the loan is calculated only on the net balance of the loan less the savings account.
extensive lender options
We are accredited with the following lenders