Next Home Buyer

We’re the lender with real options

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Next Home Buyer

We’re the lender with real options

Make an Appointment

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    Whatever the reason to sell and purchase again, emoney can help

    Whatever the reason to sell and purchase again, at emoney Home Loans we know that there is no such thing as a one-size fits all solution. That’s why we take the time to understand your needs and find you the very best mortgage for your next home. Did you know we have access to hundreds of fully featured home loans? This means you can be confident that we will find you the best home loan solution.

    Common types of Home Loans

    At emoney Home Loans, we know that no one’s situation is the same and that when it comes to home loans, there’s no one size fits all approach.
    Variable rate
    Variable rateThe interest rate on variable rate loans fluctuates whenever the RBA changes Australia’s cash rate. These types of loans tend to offer additional features and provide you with greater flexibility when managing your home loan.
    Fixed rate​
    Fixed rate​Another common type of home loan, fixed rate mortgages lock your interest rate for a specified term so you know exactly what your regular repayments will be.
    Low doc​
    Low doc​Ideal for the self-employed, low doc home loans are flexible on the paperwork required to assess your application.
    Construction ​
    Construction ​If you plan to make extensive renovations or build a new home, we can help take the hassle out of finding a competitive construction loan.
    Bridging ​
    Bridging ​A bridging loan allows you to purchase a new home before you have sold your current one. It is typically an interest-only loan and only available for a short term (usually 6 – 12 months), commonly known as the bridging period. Once the bridging period has ended your loan will convert to a standard home loan where you can either fix your rate or keep it on variable.
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    Features of your Home Loan

    When choosing a new home loan, there is more to consider than just the interest rate. Many home loans offer additional features that can help you save on interest repayments, reduce your mortgage term and provide you with flexibility to handle whatever life throws at you.

    Offset account

    One of the more popular features is an offset account. It operates like a savings account that is directly linked to your home loan. Any money in your offset account reduces the interest charged on your linked home loan.

    Redraw facility

    This feature is typically found with home loans that allow extra repayments, although it is unusual to have a redraw facility as part of a fixed rate home loan. A redraw facility allows you to withdraw funds from the extra repayments you have made.

    Extra repayments

    Traditionally only available with variable rate home loans, some fixed rate loans now offer this feature. Extra repayments allow you to pay additional sums on top of your regular repayments to bring down the principal and in so doing, pay less interest.

    Split loan

    With a split loan you divide your home loan into a fixed portion and a variable portion. This can give you the stability of a fixed interest rate, with the benefits of possible interest rate reductions and other features associated with variable rate home loans.

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