This loan has all the features you want in a home loan with a standard variable rate. No interest rate discount is offered to this loan and normal fees may apply.
This loan has most of the features you want in a home loan with a lower variable rate. These loans are often available with no establishment or ongoing monthly fees. Very attractive to buyers who want to reduce their monthly repayment and save on fees, while still having most of the regular loan features.
These loans have a reduced variable rate with no establishment or ongoing monthly fees on the first loan or any subsequent loans taken. Other benefits include discounts on insurance products, credit cards, financial plans or transaction accounts. Most lenders will charge an annual fee of $300-400 on these loan types.
This loan is designed specifically for self-employed people who do not have sufficient proof of income to qualify for a normal loan. Higher deposit is needed and rates will be higher with this loan.
Your loan account is linked to a separate savings account to enable interest earned on the savings account to offset or reduce the interest which would normally be calculated on the loan account.
This loan allows parents to offer their home as additional security so that 100% of the purchase price can be borrowed, plus costs in some cases.
The loan will not exceed 80% of the combined security value and no mortgage insurance will be payable. See What is a Parental Guarantee? FAQ below
An easy to manage home loan option which allows friends or relatives to purchase a property together but keep their loans separate.
For example, a $400,000 loan can be split into two separate portions with two separate account numbers. Property Share can help first home buyers and investors to make a puchase which might not otherwise occur.
Jan Vincent
Montrose, VICTORIA
Shannon Oatley
Director & Licensed Conveyancer
Property Conveyancing Group, VICTORIA
Don & Christine Perrett
Leongatha, VICTORIA
Paul & Barb Spark
Somerville VICTORIA