If you’re a resident of Adelaide in search of financial support to turn your dream of owning a home into reality, look no further. We’re here to be your trusted partner in this exciting journey. Buying a house is a significant investment, and we’re committed to offering you the most competitive home loan rates in Adelaide. We understand the joy and satisfaction that comes with finding a place to call home, and we’re dedicated to helping you achieve that. Let’s come together and transform a mere house into your cherished home by providing you with the best home loans in Adelaide. Our mission is to ensure your home loan experience is seamless and efficient, making your dream a reality.
A home loan is a secured loan used for building or purchasing a house. The property is used as collateral for availing the finance from banks or other financial institutions.
To apply for a home loan, certain documentations are to be submitted, such as:
It is possible to get a 100% LVR (Loan-to-Value Ratio), but there is a requirement to have a guarantor on the mortgage. Without a guarantor, providing 100% LVR on home loans is a big financial risk for both the lender and borrower.
An EMI, or Equated Monthly Installment, is a defined monthly payment given by the borrower to the lender on a fixed date. The interest is applied on both the principal and interest amount every month, and the entire loan amount is paid over a period of years.
The average home loan rate in Australia is 4.59% per annum.
Yes, it is possible to get another home loan in Australia.
Typically, an Australian will borrow a home loan between 80-90%. This means that they need to save up a deposit of 20-10% (respectively) of the property’s value. The difference between the property’s value and the loan amount, is the amount that is required to be paid.
We offer some of the lowest home loan rate solutions in Queensland, Victoria, New South Wales and South Australia