However, it does offer lower interest rates than a standard variable home loan. Basic variable home loans are usually quite popular with first home owners who don’t need all the features of a standard variable home loan, but want a competitive interest rate.
INTELLICHOICE ON +1300 55 10 45
Please use our home loan calculators to get an idea on your borrowing capacity, monthly loan repayments and stamp duty fees. Alternatively, speak to one of the mortgage brokers at Intellichoice on 1300 55 10 45 for more information about our various home loan products and whether a basic variable home loan is suitable for your needs. With access to over 800 home loan products and 35 mortgage lenders, our mortgage brokers will find a home loan to suit your needs.
You should seek pre approval before entering into a Short Term Finance arrangement. The reason is simple, building is a complex excerise requiring good co ordination and technical skills.
Lenders are aware of the complexity builders face, and the possibility of costs over runs. This comes primarily from in-experience with managing this type of project. Hence most lenders are not generous when it comes to lending at high LVR’s on an Short Term Finance.
Our mortgage broking is second to none. Don’t waste your time and money running around from bank to bank, sifting through ambiguous loan offers only to find they don’t work. Take advantage of our expertise and let us find the right loan or finance to suit YOUR needs.