Standard Home Loans in Australia
At some stage in our lives, most us will take out a mortgage to buy our own home.
Private home ownership and property investment by ordinary Australians has risen to unprecedented levels in the last ten years. Fuelled by consistently low interest rates and the need for Australians to fund their own retirement, owning property has almost become the national pastime.
While this is good news for many Australians, the home mortgage market has concurrently become fiercely competitive ... and complicated. There are now almost as many home loan options as days in the year.
There are split rate loans, redraw loans, partial interest off-set loans, full interest offset loans, investment loans, relocation loans, loans linked to your savings accounts, payment holiday options, interest only repayments, family pledge loans, portfolio loans and residential construction loans, to name just a few.
These are all valuable options for many people, to be sure. But, for many they are additional features that will just never be used.
At Compare Home Loans, our panel of lenders offer standard home loans, for people who just want a simple loan, with a low interest rate, but don’t want to pay for a variety of features they don’t need.
Broker Options - Standard Home Loan :
| Loan Broker | Online Service |
Performance Rating |
Link to Enquiry Form |
|---|---|---|---|
| Home Loan Club | Fast access seven days a week extended hours |
Noted for great solutions with a good application success rate |
|
| Rate Slayer | Fast access seven days a week extended hours |
Noted for great solutions with a good application success rate |
A standard, ‘no frills’ home loan offers you a very competitive rate as well as all the basic options you need in a home loan:
- Option of variable or fixed interest rate.
- Fortnightly or monthly payments.
- The ability to make additional payments if you come into some extra cash and want to pay your mortgage off more quickly.
- Automatic payments.
You are able to add some special options to your standard home loan, should they suit your needs, but they will only be features that you particularly need and request.
Compare Top Standard Home Loan Providers: Additional Notes
Home Loan Club
Loan Type: Standard Home Loan
Home Loan Club have been providing excellent solutions for refinance across Australia for several years with high customer satisfaction.
Performance Rating for Standard Home Loan : High Rating
Please click here to access the Enquiry Form for Home Loan Club
Rate Slayer
Loan Type: Standard Home Loan
Rate Slayer offer simple no fuss loans- perfect for the standard home loan situation. The SLAYER loans provide multi payment options of Direct Debit, Direct Salary Credit, Other Credits and even BPay. The SLAYER loans also have the added ability of splits, redraws & interest only features.
So if you need more money to live now or you have some savings you can use, Rate Slayer Australia have a loan to meet your needs today.
Performance Rating for Standard Home Loan : Very High Rating
Please click here to access the Enquiry Form for Rate Slayer
Please click here to visit Information Summary on each Broker