0.9% Discount off Standard Variable Rate = 4.85%*
This fantastic variable interest rate offer is for the first three years of your home loan and you can even have a 100% offset account that can save you thousands in interest as well.
The 0.9% discount is based on the average standard variable rate of the big four banks, calculated monthly. There is a single establishment fee of $595 and no ongoing fees.
* Of course you should contact us for information regarding lending criteria and fees and charges that apply. Terms and conditions apply and we will be happy to go over them with you or send them to you. You should consider the Product Disclosure Statement (PDS) and whether this product is right for you. A PDS is available from us on request by phoning 1300 883 453 or email info@loaneasy.com.au.
We are In our New Home, Thanks for making it Easier!
To all the staff at Loaneasy, just a quick email to say thanks for everything, all moved in now. Thanks heaps for making it easy. With working away and having limited time to organize our Homeloan we really appreciated you coming to us and doing all the paperwork. We will definitely recommend Loaneasy to anyone we hear is looking for a loan.
Luke and Kym, Safety Bay WA
An Ideal time for Investors to Purchase
It is a good time for an investor to expand your portfolio with the property market starting to pick up with figures showing that the total dwellings sold in Western Australia in the March 09 quarter was 12,600 (median price $348,500 unit / $430,000 house $230,000 land) “versus” 8,926 (median price $342,300 unit / $420,000 house / $220,000 land) in the December 08 quarter.
Also, the very low interest rates and median weekly rent of $360 also prove to be a good time to to make the decision to sell or buy property.
Property Market Showing Positive Signs
The Real Estate Institute of Australia (REIA) President, Mr David Airey said ABS figures released on 10th June 2009 highlight a property market that has stabilised and showing signs of growth as investors make a return to the market, with first home buyers continuing to be very active.
“This is a really positive sign for the property market and shows that investors are starting to re-gain their confidence while the main driving factor for first home buyers are low interest rates and the availability of the First Home Owner’s Grant Boost (FHOG Boost)”, continued Mr Airey.
The data released also shows a 0.9% increase in the number of established home purchases, in comparison to a 0.5% decline in the number of new home purchases.
“These results show that REIA made an accurate assessment of buyer preferences in its submissions for an extension of the FHOG Boost for both new and existing homes”, continued Mr Airey.
“While the proportion of first home buyers increased to 28% of total owner occupier housing finance commitments, the average loan size decreased by $2,500, reflecting the tightening of bank lending practices in the current economy”, concluded Mr Airey.
Grant for First Home Buyers ends 30th September
Only 4 months to go for first home buyers to claim the full grant of $21,000 if signing a contract to a newly built home and $14,000 for an established home.
If the contract is signed after 30th September, but before 31st December a first home buyer will still be eligible to a lower grant of $14,000 for a newly built home and $10,500 for an established home. In 2010 the grant will revert back to $7,000 for a newly built home and established homes.
Call us now on 1300 883 453 or simply get our Free “First Home Buyers” Report to find out more.
Consumer Car Loans
Car finance is a consumer loan between the lender and purchaser. Ownership is in the purchasers name and the loan is secured against the car for both new and used vehicles which can be up to 100% of the purchase amount. The loan can be paid in full any time and the car can be sold at any time during the loan. A consumer loan can also be used to refinance a loan from another lender.
The Advantages of Loan Advice
Because of the global credit crisis it is a lot harder for Australians to access finance eventhough there is a lot of lenders and products available to choose from. Lenders policies have changed and some of their products are not available to the purchaser anymore.
Evidence of savings to access finance for Australian purchasers is now a pre-requisite, however the interest rate cuts that we have witnessed recently still make home loans readily available for those homebuyers that have a secure job and a good credit history.
It will be very beneficial to you that you get the right loan advice the first time by talking to a Loan Advisor from Loaneasy to ensure you get a product that suits your individual circumstance.
Mark will cover all aspects of a home loan with you as well as all the additional features so you are fully prepared “For the Great Australian Dream”.
