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

How to tell when a housing market is cooling How to tell when a housing market is cooling

You need to check clearance rates, listings, and the price gap, among other factors Read more

Growing demand for green apartments in Sydney Growing demand for green apartments in Sydney Both owner-occupiers and investors favour eco-friendly buildings for their energy-saving features and reduced environmental footprint ... Read more

Are property investors as rich as they appear? Are property investors as rich as they appear? A multi-property portfolio doesn’t guarantee easy millions ... Read more

Be proactive about getting a better mortgage deal Be proactive about getting a better mortgage deal Apathy could be costing you a considerable amount of money over the lifespan of your loan ... Read more

More mortgage news and articles

Sponsored Links

Sunday, Sep 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