Variable Rates Variable interest rates move up and down with the market. They tend to be very flexible loans giving you the ability to pay extra when you can and redraw when you need to.

Bridging An approved Bridging loan will enable you to make an offer on your new home without a “subject to sale” clause, even if you haven’t sold your existing home yet. A Bridging loan may be the perfect option, to ensure your offer is as attractive as another buyer’s offer. An approved Bridging loan allows you to buy and settle on your new home before your existing home settles. Bridging loans are very competitive today with most lenders applying their standard variable rate during the bridging period.

Family Pledge On occasions, parents are keen for their children to purchase a home in their own names and are prepared to use their own property and/or income to secure part or all of their child’s new loan.A Family Pledge home loan enables parents (or friends) to help you buy your first home. These types of loans can eliminate the need for a cash deposit to be saved and may also eliminate Lenders Mortgage Insurance saving you $1000’s.

Fixed Rates Fixed interest rates give you guaranteed repayments during your fixed term. Planning your budget and cash flow will be easier knowing that your home loan repayments will not change.

Construction When building, you'll benefit with a progressive loan. A loan firstly to settle on your land and then regular increases as you work through construction and final completion of your new home. Your construction loan limit is drawn upon only as you need the funds, which means you only pay for what you have used. These loans are usually set up as interest only during the construction period and convert to principal and interest when you move in.

Lo Doc Many self employed borrowers are opting for Lo Doc loans these days, as their tax returns may not be up to date. Borrowers can get a loan approved today without submitting proof of income. Some lenders also approve new loans for PAYG income earners. The most important factor for these types of loans is a good credit history, ABN registered for 2 years and at least 20% deposit or equity plus fees or 30% plus fees for less than 2 years self employed.

Professional Packages These days you don’t need to be a Professional to enjoy interest rate and application fee discounts. Home Loan$ & MORE can negotiate significant discounts off the lender's standard variable rate for the life of your loan, based on your total borrowing amount.

Reverse Mortgages If, as we get older we find that we are asset rich but cash poor, we can borrow against our home for any worthwhile purpose. A home loan that requires no repayments during the loan term can be the answer to improving living standards. Reverse Mortgage facilities can range from 15% of your home value to 45% depending on your age. The interest can also be capitalized (added) to your original loan amount during your loan term.

No Deposit If you want to buy a home and enjoy the feeling of home ownership today, but you haven't saved the standard 3%-5% deposit, there are now a number of options available to you.Your options may now include:

Split Loans Another option for borrowers is to split their home loan into part fixed rate and part variable and this way they can enjoy the flexibility of the variable portion, together with the security of the fixed portion. An example would be to apply a  3 or 5 year fixed rate to 50% of your loan and leave the balance variable to “hedge your bets” against rises and falls in rates.

Non Conforming You can overcome a poor credit history. Sometimes traditional lenders will lend and there are now lenders who specialise in non conforming loans.A checkered credit history does not prevent you from buying your own home, refinancing or debt consolidation. Initially you may pay a higher interest rate, but it is only a temporary step. Once you have your finances back on track you can then look at refinancing back into a lower interest rate.