Products & Services
Basic loans
No bells and whistles but discounted rates for those wanting a simplistic loan structure. Great for first home buyers and those with basic banking needs. A great loan product that is a version of the standard variable rate loan but which comes with a discounted rate to offset the lack of features normally found in a standard variable loan. They are a good option for those wanting to pay off their mortgage as quickly as possible.
Discount variable
Signifies "honeymoon" rate for an initial period of the loan before reverting to the standard variable rate. This can free up a little spare cash in the first few months of your new property.
Investment loans
Investing in property, shares and a wide range of other avenues can be very rewarding. There can be many advantages with investments that include tax-offsets, depreciation, capital gains and additional income streams. Packaging a loan correctly will maximise tax advantage.
Line of credit loan
A versatile loan where the lender approves a preset limit for you to spend on anything worthwhile (conditions will apply). A line of credit loan works well for the disciplined borrower, and for investors who need instant access to cash.
Fixed rate loans
Peace of mind and knowing exactly what your repayments will be for a set period. You can fix your loan for somewhere between 1 to 5 years.
Low doc loans
These loans are intended for borrowers (both PAYG and self employed) who, for whatever reason, are unable to provide full financial statements to the lenders. This is perfect for small business owners who may not have been in business long, or people who earn irregular income. They need to self-certify their income or the lender may require the borrower's accountant to verify the declared income.
No Documentation (No Doc) loan
requires no financial documentation whatsoever, and is a straight asset lend. The maximum Loan to Valuation Ratio (LVR) is usually 65%.
No deposit loans
As the name implies no deposit is required. You still need to meet the costs to 'get into' the loan and stable work history, supported by a good income.
Non conforming loans
Loans for credit impaired provided by mainly non bank lenders. People who have varying degrees of credit impairment. The interest rate increases with the degree of credit impairment to compensate the lender for the perceived risk. The loan, depending on lender can revert over time to the standard variable rate if the loan is conducted satisfactorily.
Pro - Packs
Many lenders offer "Professional Packs" which provide significant interest rate discounts and lower or no application fees. For one annual fee all the bells and whistles and the ability to have all your lending requirements under one umbrella and one fee.
Reverse mortgages
For asset rich but cash poor seniors. A loan where the homeowner borrows against the equity in the home and it is repaid from the sale of the home when the borrower moves or dies. No repayments are necessary. Min age 60. We are accredited with all the top lenders in this field.
Personal loans
For any worthwhile consumer purpose. Motor vehicles, motor cycles, Boats, and Caravans.
Commercial loans
We can facilitate loans for those needing funds for commercial purposes. Loans can be organised for Retail, Industrial, Office, Apartments, Property Developments, Hotels, Motels, and Caravan Parks.
Construction & Development Finance
Looking for finance to undertake a significant construction or development project? There are many funding options sometimes available. From conventional lending to lending based upon pre-sales, lending based on end of project value through to mezzanine funding solutions.
Equity Finance Mortgage EFM®
The EFM® is being marketed as an ideal home loan for first time buyers who lack the full finances required for entry into the homeowner market, an alternative for buyers who want to purchase a more expensive property. You can borrow up to 20% of the property value as an EFM, and up to 75% of the property’s value as the traditional loan. On the EFM portion of the loan, no interest is payable (unless you are in default) and no repayments are required for the life of the loan. Instead, when you sell the property or repay the EFM you repay the EFM amount you originally borrowed plus a share of any increase in the value of the property. Since the EFM is a mortgage product, the borrower always retains 100 per cent legal equity ownership and title to their home.
Equipment Finance
Generally if equipment is income earning and depreciable then equipment finance can be used. Equipment finance can be obtained for - Motor Vehicles, Trucks and Buses, Earthmoving Equipment, Computers, Farm Machinery, Printing Equipment, Medical Equipment, Manufacturing Plant, Kitchen Equipment, Fixtures and Fittings (for strong applications), Mining Equipment, Aircraft & Boats.
Management Rights / Taxi - Fishing Licences
Funding against the value of a licence or rights.
Stock Funding
Similar to debtor funding. Using floor stock to borrow against can generate additional capital.
