Deciding to buy a house is an exciting experience. It signals a new chapter in your life and one to be savoured. But then reality hits at the sheer, and often confusing, range of Geelong home loans on offer.
What should you look for? What can you afford? What’s the best option for your circumstances? How will this affect my life? What do all these terms mean? And can someone please help!
At Konnect Financial Services, we’re experts in Geelong home loans and are used to navigating our way through the loans industry. It’s our job, we enjoy it and we’re good at it. We are happy to clear away the confusion when it comes to the range of loan types available including:
- Fixed rate home loans
- Combination or split rate home loans
- Home equity loans
- Low document home loans, known as `lo-doc’ loans
- Offset loans
- Introductory or `honeymoon’ loans
- And reverse mortgages
Our experienced loans specialists know every client has different needs and circumstances and that the ‘one size fits all’ approach just doesn’t work. It’s important that the home loan you finally select is right for you, your goals, your budget and your lifestyle.
While a reverse mortgage might be a great option for a 70-year-old client, allowing them to use their home equity and defer loan payment until a later date, it’s not an option for a young couple wanting to move to a bigger home. A honeymoon loan, with a cheaper interest rate for an initial, set period of time, could tempt a first-home buyer while a low-doc option could be just the ticket for some self-employed clients.
Our team has access to hundreds of great home loan products from Australia’s top lenders. So draw on our extensive knowledge of Geelong home loans to get the one that works best for you. Please contact us at Konnect Financial Services for more information.