Services Offered by HomeStart Finance
Given below are some of the services provided by the HomeStart Finance
Low Deposit, Loans-Low Deposit Loans include Home Loans, Graduate Loans, Low Deposit Loans, and HomeStart Home Loans.
Our Home Loans-HomeStart provides home loans at an affordable interest rate so that anyone can avail of the loans and get into their homes.
Graduate Loans - This loan is a low-deposit loan with flexible loan options. Graduates with certificates III or IV, diplomas, bachelor degrees, or higher qualifications. They can buy from as little as a 2% deposit or build from a 5% deposit. This loan helps you buy a home sooner and is a good option for first-home buyers.
Low Deposit Loans - Low Deposit Loans offer a low deposit option for buying homes in metropolitan South Australia. This loan is a very good option for buyers buying homes for the first time. But the important criteria to qualify for the loan need a clear credit score and a good savings history. You can go for it with as low as a 3% deposit and realize your goal with less money upfront.
HomeStart Home Loans - You can start with as little as a 5% deposit to buy an existing home or an 8% deposit to build with the standard HomeStart loans. In addition, the loan reflects flexible interest rates and repayment options. Through this loan, you can have the option of an existing home, build, refinance, buy the land now, or build later.
Borrowing Boost Loans -Borrowing Boost Loans include services Boost your borrowing power, Shared Equity Option, Advantage Loan, Starter Loan, and Wyatt Loan
Boost your borrowing power - Boost your borrowing power and borrow more without increasing your monthly repayment status. This can be possible with the HomeStart secondary loan. These loans are added to the HomeStart, Graduate, or Low Deposit loans to increase your borrowing power. These loans have lower interest rates in comparison to CPI.
Shared Equity Option - The Shared Equity Option allows borrowing up to approximately 25% of the price of the purchase. It gives you the options of an interest-free and repayment-free loan.You can always enjoy the benefits of such options and go for hassle-free loans.
Advantage Loan - This is the additional loan. People earning under $65000 per annum can take up to $70000 loan to meet the requirements. The Advantage loan helps to boost your borrowing power and thus helps you to have more options to choose from when you are planning to buy a property. The Advantage loan is combined with another HomeStart loan to enhance your borrowing power.
Starter Loan - When you find it difficult to save enough money for a deposit and manage upfront costs to buy your dream home or buy a property, the Starter Loan helps a lot. The Starter loan can provide you with up to $10,000 and offers you an interest and repayment-free period of up to five years. Thus a great way to start with.
Wyatt Loan - This is a special feature loan for a limited-income group. The Wyatt loan provides you with $12,000 for the fees, deposit, and charges and also ensures a repayment-free tenure and interest for approximately five years.
Unlock the Homes Equity - Unlock the Homes Equity includes the features like Seniors Equity Loan, Home Equity Loan
Seniors Equity Loan - Experience the value of your home and maintain a good lifestyle with the Seniors Equity Loan. The loan is available when you own or nearly own your home in South Australia for only residential use. Some of the great features-
- This is a no-account keeping fee. The Seniors Equity Loan allows you to access extra funds when in need.
- Easy repayments- You can make repayments or defer repaying loans until the house is sold or the last co-borrower moves out or passes away.
- The amount you can borrow depends on the value of your home and age.
Home Equity Loan - This is a loan type that enables existing customers to tap into and unlock the equity of their homes. This enables easier access to equity in the home and is readily available.
Home-Related expenses include repairs, home improvements, water and council rates and maintenance.
Non-house-related expenses include holidays, new motor vehicles, debt consolidation of personal loans or credit cards, and medical treatment. Expenses related to any non-housing categories cannot go beyond $20,000 in one transaction.