Home loan types
Owner-occupied home loan
Investment home loan
What does owner-occupied home loan mean?
An owner occupied home loan allows you to borrow the amount needed to purchase an existing home, build a new property or renovate your existing building.
What does the investment home loan mean?
A type of home loan where you are the home owner & with the intention to rent it out to receive income from it.
What is refinance?
Refinancing is when you switch your home loan to a new lender. It's often done to get a lower with lower interest rates or fees, or when circumstances change.
- You want to take advantage of lower interest rate deals available.
- Your property’s value has increased which enables you to access some of the equity.
- You want to fund your home renovation.
- Your want to consolidate your debts.