When you’re ready to buy a new home, the search for a reputable broker begins. Nectar is a home loan broker for Newcastle, and we can get you the home loan you need. Our mortgage broker Ben Eick works with a variety of home loans, which means he can help you find the right fit and qualify for the loan quickly.
Types of Loans We Offer
We work with a variety of home loan options so that you are sure to find one that fits your unique situation. Many people think that a home loan is a one-size-fits-all situation. However, you have a number of different choices, including:
- Fixed loans: A fixed loan will lock the current interest price so that you don’t have to worry about fluctuations in prices over the term of your loan. This is a great choice for times of low interest. You can fix the rate for a certain amount of time then reevaluate.
- Variable loans: The opposite of fixed loans, a variable loan allows you to take advantage of changing interest rates. So, for example, if you secure a loan during a time of high interest, you have the chance to secure a lower rate in the future.
- Non-conforming loans: This option is perfect for those with poor credit, as it relies on other factors besides credit. You may need a larger deposit and have to pay a higher interest rate.
- Line of credit: Once you have equity in your home, you can access some of those funds through a line of credit loan.
No matter what type of loan you think is right for you, Ben is here to help you with the whole process, from research to application to payment schedules.
We work with you to find loan solutions. Call us on 0414 383 212 to talk to our experienced home mortgage broker.