Basic Variable Home Loan

A Basic Home Loan is just that, a no frills home loan. These types of loans are ideal for set and forget investment loans where you don’t require a fully featured home loan package with offset accounts and credit cards.

Basic Home loans do not usually have ongoing monthly or annual fees but they usually have limited features. More so Basic Home Loans are ideal for borrowers that are borrowing less than $250,000 as they offer similar interest rates to the professional Packages offered by the banks for clients that borrow more than $250,000 – but the Basic Home loan does not attract the annual package fees that the Professional Packages demand.

Basic Home Loans are a great product and we recommend that you look at these products when deciding on your next home or investment loan. Contact us on
+61 2 9981 5385 to discuss our options or submit an Online Enquiry.