If you live in Enfield (5085), you want to chat to Grant Renshaw from Advantage Finance. He’s the go-to guy for home loans in Adelaide. Grant's Australian Credit License number is 384510.
Making the decision to take out a mortgage or a loan on your house is easy once you’ve considered the essentials: your financial situation, your income, how much you have saved up, and the cost of the house you wish to buy. But this is important information, as it helps us pick the best loan for you – one that you can manage. This is where a mortgage broker comes in.
About Advantage Finance
Our goal is to give you all of the options, so you can make an informed decision when it comes to your home loan. We take into consideration key factors about your lifestyle, financial goals, and current position to make ensure we put you on the right path.
Choose the rate that suits you
When applying for a home loan, there are many types of loan rates available. Picking the right one for you is extremely important. Have a think about the different loans that are on offer.
Fixed rate home loans
Fixed rate home loans have a set rate applied over the entire term of the loan and can be a great option for buyers who prefer consistent monthly payments – a rate that’s fixed every month. This is great for people who are taking out a long loan, or if they expect interest rates to rise in the future.
Variable rate home loans
In comparison to fixed rates, variable rate home loans are rates that fluctuate based on the rates in the current market. Obviously not as stable, as variable rates change, but it all depends on the current market position. Great for buyers taking out shorter loans or if the market is favourable, variable rates are an option worth considering.
Line of credit loans
If you own a home or property, using the equity you have built up is one of the best ways to lower your borrowing costs. Line of credit loans can be great because of their flexibility. If you ever need to access that cash, you can.
If you’ve got a specific home loan structure in mind, talk to us today about it. We’re here to help you get into your dream home – in the most sustainable way.