Types of Loans

A home buyer can obtain financing (a loan) either to purchase or secure against the property from a financial institution via a mortgage broker (that’s what we do!). Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. It’s always best to speak with a mortgage broking professional to determine the loan that is right for you.

Investment loans are structured in a specific way that allows you to make the most of your assets! An investment plan is one that works towards building your wealth and securing your financial freedom. For some, the future may seem a long way off, but the time to act is now because the future waits for no one. The housing market is generally a seven to ten year cycle: there are always highs, lows and steady patches.

These loans are structured specifically for the Self Employed Peope, who might not be able to provide taxation returns or financials, or may not have been trading for long. Simple documentation allows business or self employed people to get quick finance solutions.

We specialize in loans for people with poor credit – typically depicting a defined event in their lives eg. Divorce, loss of employement etc. – we find solutions.
If you have a default (even if its minor) and or judgments on your credit file, it doesn’t have to be difficult to get finance. Many options are available right through to “Unlimited” credit issues – so all histories can be catered for at reasonable rates.

Loans upwards of $2m are available to assist people wanting to buy prestige or larger properties. So if you have a pending real estate purchase in the millions we would be happy to assess it for you, for placement with our institutional funders or private lenders as appropriate.

These are specialty loans and we have several funders providing loans up to 80% LVR for SMSF to buy property directly using the leverage of finance with the balance of funds coming from their super fund. See our Wealth Creation (middle tab on base of our homepage) for more information on how Superxhange can help you move your super into a SMSF so you Control your Super and Unlock it for Direct Property Investment.

Due to expensive upfront costs and regulation related hurdles, smaller businesses do not typically have direct access to the debt and equity markets for financing purposes. Therefore, they must rely on financial institutions to meet their financing needs. Commercial Loans are renewable loans used to finance a company’s immediate working capital needs. These can be large or small scale and usually operate short-term.

The variable rate loan offers more features and flexibility than the basic or “no frills” loan, so the rate is usually slightly higher. Fixed rate loans are set at a fixed rate for a specified period – usually one to five years. The advantage of allowing you to organise your finances and repayments without the risk of rising interest rates is offset by the disadvantage of not benefiting from a drop in rates.

A bridging loan may be necessary to cover the financial gap when buying one property before the existing one is sold. This finance is generally secured against your property as you are utilising the equity in your existing property. Usually, bridging loans are short term and more expensive than other types of loans.

With our background in developing and building we can help you finance a simple 2 to 4 unit development – right through to a multi-unit development site with funding options to suit your requirements working off Gross Realisation Value or Total Development Costs. Lending sources range from Institutional and Private Funders or our Associates- as appropriate.

A wide range of car loan funders are available to suit your requirements, easy lodge system. Also for business people a lite- doc option making car finance easier.

Access to our Aggregator specialized lending panel provides may options for Plant and Equipment Finance.