LOAN TYPES

Pre-approvals

When it comes to buying a home, most people find a property first, make an offer, and then leave organising their finance until last. By getting a Pre-approval for your finance first, you take all the guess work out of knowing how much a lender will actually allow you to borrow.

A Pre-approval prior to starting your house hunting makes it very clear as to what you can afford and also gives you much greater bargaining power when negotiating on a purchase. Sellers who can see proof of your pre-approved finance always know that any offers you make are serious.

Central Coast Home Loans can obtain a pre-approval for your finance at no cost and in a short period of time, to help smooth out the purchase process of your home.

For more information on how much you may be able to qualify for, see our details on the Contact Us button on our Home page or call now on

Ph. (02) 43 672 770

Investment Purchase

Property Investment has long been regarded as a great way to achieve your financial goals.

Whether you are looking to purchase an Investment property as your first purchase or to draw on the equity you hold in an existing property to fund the start of your investment portfolio, Central Coast Home Loans can show you a wide variety of products to suit your needs.

We can offer interest only facilities designed to maximise your cash flow or the security of a fixed rate loan at some of the most competitive rates available.

Our lending consultants have solutions for your investment purchases from both Bank and Non-Bank lenders, providing you with the opportunity to make the most of your investments from day one.

Vacant Land & Construction

If you've decided to build your dream home you may not be aware that many financial institutions have wide varying policies in relation to Construction loans.

Lenders do not work on the "on completion value". Their valuers work on the current land value plus the cost of construction (ie. The fixed price contract). Invariably this is less than the completed value that the property would eventually be.

Central Coast Home Loans have a wide range of construction lenders most of whom lend their funds on their standard variable loan product. We will ensure that once construction is complete your loan reverts to the best product for your ongoing needs with a minimum amount of cost.

Good rates, minimal fee structures and regular progress payments to the Builder are just some of the features that Central Coast Home Loans seek to offer their clients who choose the Construction process to achieve their dream home. For further information Ph. (02) 43 672 770

Refinance

There are numerous issues to consider if you are thinking of refinancing. At Central Coast Home Loans we can take the hassle out of finding out if you have the best deal and interest rate to suit your needs.

With a free check up on your current loan we may be able to provide you with the benefit of: a lower interest rate, reduced or nil ongoing account keeping fees, or the added flexibility of features such as free redraw facilities, salary crediting and split loans.

Debt Consolidation

Do you have numerous loans at differing rates of interest that are hard to manage and difficult to keep on top of? Perhaps you should consider rolling all of these facilities into one easy, manageable payment.

The team at Central Coast Home Loans can show you how consolidating all your debts into one can reduce your overall monthly commitments substantially and thus reducing the level of interest, fees and charges you may be currently facing. It's as easy as one simple phone call and we'll do the home work for you! Call today on (02) 43 672 770.

Low-Doc Loans

At Central Coast Home Loans we understand that for various reasons self employed people are sometimes unable to provide tax returns. Central Coast Home Loans has access to a wide array of lenders who offer loans up to 80% of valuation with no financials required. In some circumstances 90% can be achieved but at a cost.

All that is generally required is for the borrowers to complete and sign a declaration of income form, with no payslips, tax returns or company financials needing to be supplied. Generally speaking a clean credit history is required and these loans are usually restricted to certain locations.

This segment of the lending industry has recently become fiercely competitive so for further information or to apply for a loan call (02) 43 672 770.

Credit Impaired

At Central Coast Home Loans we understand that sometimes life deals out things that are somewhat beyond our control. Issues such as a death in the family, ill health, divorce, business failure, job loss, or starting your own business can leave your credit history tarnished or simply leave you outside lenders traditional credit guidelines.

These days there are a variety of lenders who offer products specifically designed for these situations.

So whether you have a poor credit history or you simply don't fit traditional lending guidelines Central Coast Home Loans may still have a solution for your needs. To find out more phone (02) 43 672 770.