Available Home Loans

There are literally hundreds of home loans in the market today with a multitude of options within the home loan structure itself.

Choosing the best home loan to suit your needs can be a daunting task and also consumes much of your valuable time and this is where our home loan consultants can assist.

A home loan consultant will take the time to listen to your needs and understand which home loan is the most suitable, be it a no deposit home loan, a construction home loan, a home loan for the self employed or a home loan with a line of credit attached.

An AussieWise home loan consultant has the ability to access in excess of 40 home loan lenders so let us do the legwork and find the home loan which suits you best.

To help highlight the home loan options we have listed just some of the home loan options that we have available for you.

No Deposit Home Loans up to 106% lending
Fixed Rate Home Loans
Lo Doc Home Loans / No Doc Home Loans
Credit Impaired Home Loans
Professional Package Home Loans
Construction Home Loans
Standard Variable Home Loans
Non Resident Home Loans
Line of Credit Home Loan

No Deposit Home Loans – Up to 106% Lending

No deposit home loans offer you the opportunity to purchase your own home or an investment without the need for genuine savings.

The no deposit home loans we have on offer have allowed hundreds of clients to get into their home or invest, we even have a no deposit home loan which allows up to 106% to be borrowed meaning that in most cases there are no out of pocket expenses.

Take a look at some of the key features and benefits of a No Deposit Home Loan:

When it comes to no deposit home loans, the home loan lender is looking for applicants who have a clear credit history and who are able to provide evidence of income and that’s about as complex as it gets.

There is so much choice when it comes to no deposit home loans so let us do the hard work of finding the right no deposit home loan for your needs by simply contacting one of our no deposit home loan consultants.

So why are you still renting?

To find out more on No Deposit Home Loans Home Loans simply follow this link.

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Fixed Rate Home Loans

Home loan lenders offer a variety of options when it comes to fixed interest rate home loans.  For example there are fixed interest rate home loan terms ranging from 1 to 15 years, the key reason clients choose a fixed rate home loan is to ensure their repayments are constant over a given period they choose for the home loan.

Even though the interest rate is fixed for these home loans there is still a level of flexibility within the home loan itself.

Let’s have a look at some of the benefits and flexible options available with Fixed Rate Home Loans:

Once the fixed rate home loan term has lapsed the home loan reverts to the prevailing variable home loan interest rate at the time.

This is when you can again select a fixed interest rate home loan if you choose to.  Simply speak to one of our home loan consultants to find out more about your fixed interest rate home loan options.

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No Doc Home Loans and Lo Doc Home Loans

These types of home loans are specifically tailored for those people who are self employed and are unable to provide evidence of their income as compared to full doc home loans where the applicants or on a salary (PAYG).

Over time the variety of lo doc and no doc home loans options has increased offering the self employed applicant the opportunity to obtain a home loan for a number of purposes and with differing loan to valuation ratios.

Let’s have a look at what type of home loans are available for Self Employed Applicants:

As you can see there are a number of lo doc and no doc home loans for a variety of purposes so you now have a broader choice of the home loan which suits your needs.

There are some key differences in relation to lo doc and no doc home loans as compared to full doc home loans, we have highlighted some of these below for you: -

Lo doc and no doc home loans are a great alternative to traditional full doc home loans and can really assist self employed applicants achieve their goals.

There are a multitude of lo doc home loan options from a number of home loan lenders and our Customer Care Consultants can also provide more information about lo doc home loans and no doc home loans.

For more information on Lo Doc and No Doc Home Loans please follow this link.

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Credit Impaired Home Loans

Home loans which are designed for credit impaired persons are quite unique and are tailored for people who have had a blemish on their credit file.

When it comes to traditional home loans people with credit impairment are generally turned away as these home loan providers see the applicants as too high a risk.

This is where credit impaired home loans step in and provide home loans which cater for this unique need.

The types of uses that a Credit Impaired Home Loan can be obtained for are quite broad and can encompass the below:

In essence there are a number credit impaired home loan options for a variety of needs. 

Even though credit impaired home loans are designed for people who have had a blemish on their credit file there are other reasons that people may need to use a specialist home loan lender. 

Some of the reasons that a specialist home loan lender may be needed are highlighted below:

As you can see credit impaired home loans are not solely for people with credit impairment but can also be used by people who fall just outside the normal lending criteria of traditional home loan lenders.

Credit impaired home loans generally attract an interest rate which is above that of traditional home loan lenders.

The reason for this is based on the risk factors associated with the credit impairment or even the loan to valuation ratio, this is called a rate for risk model and the end interest rate for the credit impaired home loan will depend on these and other factors.

So why not contact one of our home loan consultants for more information on credit impaired home loans.

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For more information on Credit Impaired Home Loans please follow this link.

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Professional Product Home Loans

These home loans are commonly referred to as pro pack home loans.

Generally a pro pack home loan offers you advantages in different ways depending on the home loan lender you’ve chosen as each home loan lender has their own unique features and benefits.

To qualify for a pro pack home loan there are certain requirements which need to be met, to help you understand if you qualify for a pro pack home loan we have listed some of the requirements below:

Some of the key benefits that a home loan lender may provide if you qualify for a pro pack home loan are below for your reference; these benefits vary from depending on the home loan lender you choose:

As mentioned there are a variety of benefits that each pro pack home loan lender can provide so to find out if you qualify and what benefits are available to you through a pro pack home loan simply contact us and one of our home loan consultants can guide you through a number of pro pack home loans we have available.

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Construction Home Loans

Home loans can also accommodate the need for construction; there are different types of construction home loans in the market which cater for a variety of construction scenarios.

We have highlighted below some construction home loan options to help you identify which construction home loan type may suit your needs best:

Fixed Price Contract Construction Home Loan

This is the most common construction home loan and home loan lenders generally prefer this type of construction scenario as the building of the premises is undertaken by a qualified and licensed builder where a fixed price for the construction is provided to the home loan lender, the construction is also performed at an arms length from the owner of the land. 

This provides certainly for the construction home loan provider from a cost perspective and also ensures that the premises is built to the correct specifications and all council permits are in place along with relevant insurances.

House and Land Package Home Loan

Many people are choosing a house and land package as it allows them to enter the property market and also enjoy the luxury of having a brand new home.

The key difference here is that the house and land are offered to the purchaser as a complete package and home loan providers can supply the funds required once the property is complete and ready to move into.

This varies from a fixed price construction home loan in a sense that there are no progress payments throughout the construction phase.

For further information on home loans which cater for house and land packages simply contact our home loan consultant to find out more.

Owner Builder

This type of construction home loan is offered by few home loan lenders as it is a niche market.  An owner builder home loan is where the owner of the land will be in charge of the construction process generally by way of sub-contracting the work out.

Home loans for owner builders have some parameters which surround this particular home loan so you can find out more by contacting one of our home loan consultants.

Documentation Requirements

The documentation which a construction home loan provider may require can be some or all of the below depending on the type of construction home loan you require so here is a sample for your reference:

This is simply a sample of the information that a construction home loan provider may require and again this will vary depending on the home loan type you require based on your construction type.

For more information on Construction Home Loans please follow this link.

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Contact Us via this website and one of our home loan consultants can assist.

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Standard Variable Home Loans

Home loans which are defined as standard variable home loans offer you the greatest flexibility from a repayment perspective and also from a home loan features point of view.

This home loan has an interest rate which may vary depending on the prevailing market interest rates hence it is defined as a standard variable home loan. 

A standard variable home loan can offer you some or all of the below features and benefits:

For more information on Standard Variable Home Loans please follow this link.

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Non Resident Home Loans

Home loans for non residents of Australia are available through AussieWise Finance Group and a variety of home loan lenders on our panel.

A non resident is simply a person who is not a citizen of Australia and does not hold permanent residency status and wants to purchase a property in this country.

There are some specific parameters which surround non resident home loans and these are governed by the Foreign Investment Review Board which is a government body, the FIRB determine the parameters surrounding a non resident purchasing property in Australia and all home loan lending offering non resident home loans are bound by this legislation.

The home loan consultants at AussieWise Finance Group are well versed in regard to non resident home loans and can provide you with the information you require to ensure you obtain the right non resident home loan and also ensure you comply with the legislation that the FIRB have put in place.

Simply contact us to find out more on non resident home loans,

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For more information on Non Resident Home Loans please follow this link.

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Line of Credit Home Loan

Home loans with a line of credit attached are a popular option when people choose a home loan nowadays.

The reason a line of credit home loan is commonly chosen is that you are able to incorporate your savings, borrowings and investment requirements within the one home loan with a line of credit attached.

A line of credit home loan is generally secured against a property where you have access to an amount which is set based on the value of the property.

Some of the uses which a Line of Credit Home Loan can help you with are:

A line of credit home loan can be used for any purpose you see fit and a line of credit home loan is flexible from a repayment perspective where you can choose to only repay the interest component on a monthly basis.

The choice is yours so if you want to find out more on how a line of credit home loan can benefit you and your lifestyle then simply contact one of our home loan consultants to find out more.

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AussieWise Finance Group have a multitude of home loan options to choose from and we take pride in being able to offer such a variety of home loans and more so pride ourselves on providing the most suitable home loan structure for your needs now and into the future.

So why not allow us to do the hard work of researching various home loans and providing you with a financial snapshot which saves you time, after all that’s what were here for.

For more information on Residential Home Loans please follow this link.

For more information on Investment Home Loans please follow this link.

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