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.
Bridging Home Loan This is a temporary loan which allows a buyer to complete the purchase of a new property before selling their existing property. It is also useful for borrowers who want to finance the building of a new home while still living in the old one. The main advantage of a bridging loan is its quick and you can get the money you need in order to move ahead with the purchase of your new home. But as always there are disadvantages, the main of which is usually a higher interest rate, since Bridging Loans tend to be riskier for the lender.
Velocity Home Loans Pty Ltd Licensed Finance Broker