Discount Interest Rates

Rate Saver Home Loans

Loans such as the Rate Saver Home Loan is generally a cheap interest rate, no frills home loan. No frills means there are little to no loan features such as redraw facilities, salary crediting and the like. This type of loan appeals to loan seekers wishing to transfer from their existing lender to a lender with a lower interest rate. Other names for such a product are Advantage Loan, Introductory Loan, Honeymoon Loan, Client Reward Loan plus many other wording variations.

Discount Interest Rate Home Loans

If you don't do some research and understand what it is you are buying then chances are at best you will overpay and at worst get ripped off. This rule applies to pretty much anything you are buying, but especially financial products. Read this Article about Cheap Home Loans.

You can never be locked into any loan by any lender!

(This means that irrespective of being in a fixed rate loan or a variable rate loan, you can leave that lender by paying their indicated break fee. It is often the case that break fees are less than the benefits received by switching to a better loan product.)

The Australian Home Loan Industry boasts in excess of 3,000 loan products, options and variations. Mortgage Buddy as a true Mortgage & Finance Broker can assist you with the majority of these various home loan options.