Owner Occupier
This is a residential loan for the purposes of buying a home to live in.
It can also include refinancing your existing home loan.
Investment
A residential loan for the investment (in property, shares, business etc).
It can be a standalone loan or an equity release for deposit funds towards an investment purchase.
Construction
This is a residential loan to construct a dwelling for either an Owner
Occupier or the purposes of an investment (see above).
First Home Buyers
For First Home Buyers, this loan falls under an Owner Occupier Loan
(see above) with discounted features or allowable government benefits.
Challenged or Credit Impaired Clients
This loan product is for clients who may have a history of loan default or
failed repayments. Specific lenders and products may allow such clients to refinance, consolidate or purchase a property which could put them in a better financial position.
Self-Employed
While this loan type may appear complicated, it can be a standard residential loan.
We have brokers that understand the complexities of self-employed financials. However, if your financials aren’t ready or you’re in the process of current financial year changes, we also have a range of products that only require minimal documentation. However, if you’re in the middle of a quick financial turnaround such as ‘house flipping’, speak to your broker about a ‘low doc’ option which may be right for you.