homefront.jpg

 

 

Compare 40+ lenders to find the best home finance deal in Australia

APPLY NOW
2-11
Free Approval
3-10
It's Secure
1-11
Expert Guides
5-1
Find Better Deals
4-6
Won't Affect Your Score

Ausloans' experienced Finance Brokers are here to make the process of finding your new home loan
as simple and straightforward as possible. We help by comparing home loans, explaining and assisting with the overall process
and negotiating rates and managing the paperwork on your behalf.

Call us today on 1800 277 768 or Apply Now 
and we will get in touch with you ASAP.

Ausloans is rated 4.9 in overall satisfaction by Google Google


Type of Home Loans

home_loanFixed Rate - A fixed rate mortgage allows you to set your budget throughout the term of the loan. Know exactly what you need to pay month after month.

Variable Rate – Enjoy financial flexibility with variable mortgage rates. Your monthly repayments may go up or down depending on the official cash rate set by the Reserve Bank of Australia. Rates are also lower with this type of home loan.

Split Rate – A portion of your home loan will have a fixed interest rate while the remainder will have a variable rate. This is perfect if you want predictability on your mortgage payments and still be able to take advantage of rate cuts in the future.

Interest Only – Pay down the interest only for a specific period of time. Depending on the loan term, you may choose to pay for interest only for 5, 10, or even 15 years.

Low Doc Home Loans – Get approved without having to submit documents that a conventional home loan would require. This is perfect for businessmen and self-employed who may not have all the necessary documents to obtain a home loan.

Investment Property Loan – These are property bought for the purpose of earning money from it. Interest rates are usually high and lenders may require additional documents if a home loan is for investment purposes.

Refinancing –Perfect to obtain money for home renovations or to refinance an existing loan and save. You stand to save thousands of dollars if you can refinance your home loan at a lower interest rate.

Line of Credit – With a line of credit or LOC, you can take out a loan against a portion of the equity of your home. Your home will serve as security for the LOC.

Offset –An offset is a bank account linked to your mortgage. This results to lower interest payments since the balance in your account is offset against your loan. In short, the lender pretends that the account balance is part of your payment.

APPLY NOW


Home Loan Requirements

Requirements may vary depending on your circumstances and the type of home loan you are applying for. In general, you will need the documents listed below. It is best to speak with a finance broker in order to weigh your options and prepare the necessary documents.

Home%20Loan%20RequirementsCredit Information – This is usually accessed using your SSN. You may also check your credit information and dispute inconsistencies before applying for a home loan. This increases your chances of getting approved.

Proof of Employment – The length of your current employment may also play a role in the approval of your home loan. Lenders may request for a list of your past employers as well.

Proof of Income – Usually, a few months of pay slips are required in order to determine your annual income and ability to repay the loan.

Bank Statements – Lenders will want to know how healthy you are financially. Will you be able to pay the down payment? If so, will you have enough money left to cover other expenses and repayments?

Debt to Income Ratio – Lenders may ask about your outstanding debts like existing loans, credit card debts, etc. These are important factors that determine your ability to repay the home loan.

Self-employment Documents – If you are a business owner, you may have to provide business information like bank statement, license information, etc…

APPLY NOW


All Australian States and Territories in Regional, Remote and Metropolitan areas: Queensland, New South Wales, Victoria, South Australia, Tasmania, Australian Capital Territory, Northern Territory, Western Australia.

Specific emphasis on major population centres such as Sydney, Perth, Melbourne, Hobart, Darwin, Brisbane, Adelaide, Gold Coast, Canberra, Newcastle, Wollongong, Logan City, Townsville, Geelong, Sunshine Coast, Cairns and Albury/Wodonga.

Testimonials

Great work, Ausloans! Friendly kind service and went the whole way. — Gregory Hurley

Ausloans was awesome would highly recommend them to anyone, huge thank you to them for helping me sort out our situation — Tina Haley

Very happy ! Ausloans is very impressive, quick and reliable. — Kerrie Stower

Great service, went the extra mile to get a deal done.
 
— Heinz Schwarzer

Thank you so much for your help. I'm so happy I decided to go with you guys. Fantastic service from Ausloans.
 
— Tami

Very Happy with their service! Ausloans handled everything for me, it was great and they made it happen. — Dustin Akers

Compare 40+ Lenders

 

APPLY NOW