Home News AFM launches new full-doc home loan

AFM launches new full-doc home loan

Font size :
A new full-doc home loan product has been named by Australian First Mortgage to cater to its “overwhelming growth in broker demand”.
 
Set to be available starting 7 April, the Value Option will allow a maximum loan size of $1,000,000 and a LVR of 90% inclusive of LMI. This comes with a fixed or variable rate in accordance to the LVR taken, including an offset account.
 
“It allows us to provide solutions to our broker network based on their customers’ unique needs, in particular an excellent SMSF product catering for all types of SMSF requirements,” managing director David White said.
 
“We have experienced rapid growth in demand for our full doc products and as such have created one with a low interest rate and a raft of innovative features.”
 
The Value Option product range also comes with an SMSF, NRAS and Construction choice, he added.
 

It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan

Mortgage News and Articles

Many millennials are relying on an inheritance to buy homes Many millennials are relying on an inheritance to buy homes

Lawyers are seeing cases where disputes over inheritance have created tensions within families Read more

Gen Y homeowners fearful of interest rate rises Gen Y homeowners fearful of interest rate rises Many are worried rising interest rates will negatively impact their cost of living expenses, according to a new survey ... Read more

Young Sydneysiders are less keen on homeownership Young Sydneysiders are less keen on homeownership Many would rather ‘rentvest’ than be tied down to a costly owner-occupier mortgage, according to new studies ... Read more

New social housing aims to transform Ivanhoe Estate New social housing aims to transform Ivanhoe Estate The sprawling redevelopment aims to boost the supply of affordable housing in Sydney ... Read more

More mortgage news and articles

Sponsored Links

Thursday, Aug 24, 2017
Top Featured Rates
Top Bank Rates

Get help choosing the right home loan

Let us help you find the right home loan for your needs.

Tell us a bit about your circumstances:
  • Purpose of mortgage
  • Household Income
    $
  • How much do you want to borrow?
    $
  • How much deposit do you have?
    $
  • How much is your house worth?
    $
  • How much do you still owe on your mortgage?
    $
  • What type of mortgage do you have?


  • How much is your new home?
    $
  • How much do you want to borrow?
    $
  • How soon do you want a mortgage?
Next
  • First name
  • Last name
  • Where do you live?
  • Phone number

Special Offers

Related Keywords