Basic Home Loans
One of the simplest ways to own your home sooner is to pay the lowest rate on your home loan as possible and as few bank fees as possible.
If you don’t need the ‘bells and whistles’ that come with many loans (at a price), then a basic home loan could be the answer.
Popular with first home buyers, basic home loans typically offer interest rates of half to one per cent below the standard variable rate. Many also have lower ongoing fees.
In return for a lower interest rate, basic home loans have fewer features and can be less flexible. Some lenders may offer the option to pay for extra features when you need them. There may also be fees and charges if you decide to switch loans or lenders, or pay off the loan sooner.
- lower interest rates
- lower ongoing fees
- minimal features
- less flexibility
- no additional repayments
- or owner/occupiers only
Intercorp Financial Strategies is one of Australia’s most innovative mortgage brokers, the statement “A unique personal financial experience” reflects our clients experience when dealing with our company. We have developed a streamlined process for home loan and finance applications that will save you money and time on your refinance or purchase home loan needs. We will look at your entire financial portfolio, and can also assist with your insurance, financial planning and accounting needs if required – but first and foremost we are experts at getting your home loan approved for you.
Intercorp Financial Strategies mortgage brokers have access to sophisticated software through their association with FAST which will assist you in selecting the most appropriate home loan. We have access to over 30 lenders and 300 products so why waste time researching on the internet when you could get in touch with us and allow us to do the leg work for you.