A flexible loan with a fluctuating interest rate. Some lenders offer redraw and/or offset as an additional feature.

A less flexible loan, but one that provides certainty of repayments for the fixed rate period. You chose a fixed rate & term based on your requirements (between 1 to 5 years).

For construction of one or more residences. This could be a first home buyer, or a multi property build.

Most common use is by family members to assist other family members with only a small deposit, purchase a home. The lender uses the equity in the family members property to allow the purchasers to borrow a higher amount.

Combination of loan products (mix of fixed and variable). Number if splits depends on the lender.

Interest only payments are made relieving pressure on cash flow. Interest only structures can be beneficial for investment loans to maximise tax efficiency (always seek advice from your Accountant/Adviser).

A flexible interest only limit that can be drawn up and down as required. One way of using this type of loan is to pay your salary in & have your day to day bills coming out.

These loans are not as readily available, with limited lenders offering them. They require less documentation, and can be used for self-employed people who don’t have their financial accounts finalised yet.

Are an option for borrowers who may have had difficulty securing finance for reasons such as repayment arrears, credit report defaults, outstanding ATO debts, start-up businesses or are discharged bankrupts.