Home Loans & Home Equity Loans
in Melbourne
Over 40 lenders competing for your home loan business
Choose Mortgage Jet for your Home Loan
Did you know that the amount you can borrow from two different home loan lenders can differ by as much as $150,000?
We stay up to date on all the current products and competitive prices available in the marketplace. You may be able to afford more than you thought, but you may never know unless you contact a home loan specialist today. It's free, Apply Now.
We Use Industry Leading Home Loan Software
Our industry leading software gives you a snapshot of the home loan lenders you qualify for, the amount they are willing to lend, the products they offer, as well as total costs of the home loan over the entire life of the loan. This way you can make an informed decision about which product and lender is best for you.
Estimate your home loan or view the Home Loan Checklist.
Take the Free 60 Second Home Loan Challenge
If you simply want to know if you would qualify for a home loan, then why not take our 60 Second Home Loan Challenge? It can be totally anonymous.
We Have a Wide Range of Home Loan Products
Standard Variable Rate Home Loans: This is a fully flexible loan that usually allows additional repayments without penalty and often comes with extras such as a redraw facility or offset account. The interest rate is variable which means that it can go up or down depending on the bank. It is also possible to split this type of loan with a fixed interest rate, allowing you more flexibility should an interest rate rise occur. Apply Now
Basic Variable Rate Home Loan: Similar to the standard variable rate home loan but usually doesnt come with any extras. Also, there may be penalties for making additional repayments. However, the best thing about this type of loan is that it comes with a significant discount off the interest rate. If you intend to make a lot of additional repayments or pay the loan off early, then this loan is probably not best suited to you. Apply Now
Fixed Rate Home Loan: This type of home loan has a fixed interest rate that can not go up or down even when the Reserve Bank increases or decreases their rates. The fixed period is usually for 1 to 5 years but some major banks offer a fixed rate loan up to 15 years. If you are on a strict budget and can not afford an interest rate rise, then a fixed rate home loan can certainly save you from potentially losing your home should consecutive interest rate rises occur like they have over the past couple of years. Apply Now
Professional Package Home Loan: Despite the name, the Pro Pack home loan is not just for professionals. Just about anyone can qualify for a professional package mortgage. There is usually a minimum loan amount that you must borrow to be eligible and there is an annual fee that has to be paid each year. A professional package home loan is fully flexible and comes with many extras that may include a redraw or offset account, credit card, nil monthly transaction fees, and a lifetime discount off the interest rate. Apply Now
100% Offset Account: This is a savings account that is linked to your mortgage. Any balance in your savings account offsets the amount of interest you pay on your mortgage. Your salary can be paid directly into this account which minimizes the amount of your monthly interest. Apply Now
Non Conforming Home Loan: A non-conforming home loan is for people who do not meet a banks traditional lending requirements. You may need a non conforming mortgage depending on your work situation, your past credit history, the security property you intend to purchase or refinance, or your residence status. Apply Now
Low Documentation Home Loan: A low doc home loan is usually for self employed people who do not wish to or can not substantiate the amount of their income. There are however, low doc PAYG home loans now, for people who earn a PAYG income but can not substantiate or prove it. Apply Now
Bridging Loan: This is finance that is arranged if you are selling your existing home and wish to make a new purchase prior to the settlement of your existing property. The loan can be for up to 12 months and is usually interest only. Apply Now
Line of Credit: This is finance that is arranged if you are selling your existing home and wish to make a new purchase prior to the settlement of your existing property. The loan can be for up to 12 months and is usually interest only. Apply Now
No Deposit Home Loan: This type of home loan usually appeals to first home buyers who have access to the First Home Owners Grant, however many property investors have been utilizing this type of loan so that they do not have to access their available funds. The lender will normally lend up to 97% plus LMI (Lenders Mortgage Insurance) which brings the total lend up to 100%. The customer still needs to come up with a 3% deposit plus Government fees, stamp duty and bank charges, but this can often be covered with the help of the First Home Buyers Grant or a personal loan. Apply Now
Our Service is Obligation and Fee Free
If you're ready to take that next step to home ownership please contact a Home Loan Specialist or Apply Now to get started immediately.
The 60 Second Home Loan Challenge compares your requirements and details against 170 different lenders and lets you know how many of them you qualify with.
We will find you the best Melbourne Home Loan!
Loans & Mortgages from Mortgage Jet:
Mortgages | Home Loans | Home Equity Loans | First Home Loans | Refinance | Equity Finance Mortgages | Investment Loans | Reverse Mortgages | Bad Credit Loans | Credit Impaired Loans | No Doc Loans | Low Doc Loans | Business Loans | Commercial Loans | Personal Loans
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