Aussie Home Loans

Whether you’re looking for a new home loan or simply want to make sure you’re still getting a great deal on your existing loan, Aussie can help. With hundreds of loans from the banks, other lenders as well as their own home loans, they’ve already done the running around for you, making the whole process quick and easy!

• More choice
  Choose from hundreds of different loans from the major banks and other lenders on Aussie's panel
• A loan to suit your needs
  Loans to suit almost every situation; including first home buyers, investors, refinancers, no deposit and the self employed
• Expert assistance
  Our Mortgage Advisers are fully accredited by the Mortgage Industry Association of Australia
• You pay no extra
  for a service that could save you thousands
• Leading edge technology
  Using their exclusive mortgage comparison software they’ll compare hundreds of loans on their panel and match your needs to the one that’s right for you
• They come to you
  day or night 7 days a week

>> Talk to Aussie Today!

Type of Loans Available from Aussie Loan

There are thousands of different home loans on the market, all with different rates, fees and features. If you haven't already decided, the following might help you choose the type of loan that's best suited to your situation. Home loans are generally categorised under :

>> Standard Variable Rate
Standard Variable Rate loans typically offer you maximum flexibility and great features, including the option to fix or split your loan, the ability to make additional repayments when you can afford to, and the option to redraw these funds for any purpose when you need to.

>> Basic Variable Rate
Basic Variable Rate loans offer a lower interest rate, but fewer features. However, you usually have the option to pay for additional flexibility and features when you need them.

>> Fixed Rate
Fixed Rate loans protect you against interest rate changes for an agreed time, so you have peace of mind knowing your repayments won't increase. However, you won't benefit if rates go down during the fixed term.

>> Non-Conforming Loans (including low documentation)
Non-conforming and Low Documentation Loans have been designed especially to help borrowers who do not meet 'standard’ lending criteria, including those who have an impaired credit history, are unable to provide the required financial documentation in support of their loan application, or who have minimal deposits or savings history.

>> Combination or Split Rate
Combination or Split Rate loans combine the flexibility of a variable rate and the certainty of a fixed rate, so you benefit when rates drop, and are protected when they increase.

>> Home Equity Loans
Home Equity Loans allow you to unlock the equity in your existing property for other opportunities such as renovating your home, investing in shares or managed funds, or financing an investment property.

>> Line of Credit
Line of Credit loans are interest only variable rate loans that allow you to borrow against the equity in a home with the added flexibility of a transaction account built into the home loan.

>> All-In-One Loans
All-In-One Loans feature an everyday transaction account linked to your home loan. By keeping all your money in your loan account, and only redrawing your living expenses as you need to, you can reduce the amount you owe. This, in turn, reduces the amount of interest you have to repay, making your money work harder for you.

>> Talk to Aussie Today!

Latest Australian Finance News from Money-Au.com.au

• Latest Finance News
• Featured News Articles
• Personal Finance Hints and Tips

• Macquarie Reports 43% Profits Drop. Stock Still Rockets
• St George Chief to Step Down
• Fortescue Denies Sovereign Wealth Fund Stake Sale
• Santander To Issue Kangaroo Bonds
• Foreign Banks May Withdraw From Aussie Corporate Loan Market
• Aussie Inter-Bank Lending Easing Up
• NAB Cuts 350 Jobs at its UK Unit. Banking Industry Fears More Cuts at Home
• ANZ May Cut Up To 3500 Jobs Before Christmas
• Big Banks Want to Hold on to Big Depositors
• CBA Takes A Beating

• Foreign Banks May Withdraw From Aussie Corporate Loan Market
  Foreign banks with Australian operations are considering abandoning the domestic loan market altogether. Such a move would mean that Australian borrowers would be pushed into tight corners facing serious funding pressures.
• No Huge Savings in Switching to a Variable Rate Home Loan
  One could be forgiven for looking at declining interest rates, and feeling a little buyers remorse if you recently took out an Australian mortgage and opted to pay a fixed interest rate. Switching from a fixed to variable interest rate could save mortgage holders several thousand dollars a year. But if you have recently taken out a home loan and chose to pay a fixed rate, then exiting the agreement is simply cost prohibitive.
• Need A Good Broker for All The Cheap stocks out There? Try St. George’s Directshares.
  Warren Buffet thinks that stocks all over the world are attractively priced right now. He seems to have an awful lot of confidence in US equities and is putting his money where his mouth is. In fact I would have to agree with him and my own personal view is they do seem cheap to me. But just after I bought some equities at the beginning of November, world equity markets went into free fall and I found myself having to return time and again to Mr. Buffet's op-ed piece in the New York Times for comfort, when the pain it seemed, was just too much to bare.
• Read more featured finance news articles

• How to find the right Credit Card for you
• Rise and rise of zero-interest credit cards
• What is the credit crunch?
• Smart cards - the credit card for the 21st century
• The rise of the debit card
• Aussies 'turning cents into dollars with savings'
• The changing shape of home loans
• Exit fees hit thousands of Aussies
• Exploring the home insurance industry
• Cashing in on raising rates