Home Loan Product Types

Loan Structure Versus Interest Rates!

Interest Rates are commonly promoted as being a great selling point by Lenders and Mortgage Brokers alike but in truth they're simply a part of the loan and they're only really important if the Mortgage Structure makes them so.

The type of home loan or investment property mortgage you chose should be based on the best Mortgage Structure for your Lifestyle- NOT simply on the basis of a slightly lower Interest Rate or some other, seemingly cheaper fee structures.

When was the last time you bought something purely based on the lowest price? Was it really a good purchase? Or just a short term saving on the purchase price?

Interest rates come and go. Home Loan offers change. What was OK last year will have little semblance to what's on offer now. Will rates continue to go down? No one's offering any guarantees or assurances. Fixed Rates are currently a thing of the past, with rates tumbling because of the Economic Crisis. Variable Rates will possibly go as low as 4% or 5%, but for how long?

The following Loan types are all available form