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.
Split Home Loan If you are concerned about interest rates rising, but dislike the inflexibility of a fixed rate loan, you can get the best of both worlds with a Split Variable / Fixed Loan. You get the advantage of features like accelerated repayments, redraw and mortgage offset, without exposing your entire loan to fluctuations in interest rates. How you split the loan is normally up to you but 50/50 or 60/40 splits are the most common. Be aware that penalties apply if you break the fixed portion of the loan early.
Velocity Home Loans Pty Ltd Licensed Finance Broker