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Cash Loans
- $200 to $1,500
- Credit impaired?
- Dislike banks?
- Banks won't lend?
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Personal Loans
- $3,000 to $80,000
- 1 to 7 years
- PAYG or Self Employed
- Car loans to $120,000
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Home Loans
- Full Doc
- Lo Doc
- Asset Lend
- Credit impaired
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Call 4 Cash can arrange one of the many home loan products
that are available today, while giving you not just the loan but
also the flexibility of choosing the extra options which you may
require. Our Brokers can be relied upon to service you, our client,
this is a huge factor these days as the industry is booming.
You need to have complete faith in the person with whom you deal
with. These days with the electronic tools we have, you do not even
have to leave your home, everything can be done via the Internet and
post. So it doesn't matter if you are in a city or in a small
country town, you are only a phone call or email away.
First Home Purchase (some lenders will lend 105% of the purchase
price).
- Conditions will apply to this product. Are you eligible for
the $7,000 first home buyers grant?
- Did you know you could use the equity in your parents home for
your deposit.
- You can use a non repayable gift from family to use as a
deposit. There are many products in the market place today that
may suit your needs.
An Equity Finance Mortgage (EFM)® is a
new type of home loan that can help you to:
- Reduce the upfront and ongoing costs of
purchasing a new property; or
- Reduce your current monthly mortgage
repayments (via a refinancing of your existing loan); or
- Buy a more expensive property than you
may otherwise be able to afford.
An EFM works in conjunction with a traditional
home loan. Together they let you move some of the expense of a
traditional home loan to later when you eventually sell your
property. Here's how:
- An EFM® allows you to borrow up to 20% of
a property's value;
- There is no annual percentage rate
applicable to an EFM loan, unless you are in default;
- You are not required to make any regular
monthly interest repayments throughout the EFM loan, which you
can hold for 25 years.
- Effectively gives you a 95% loan, of
which only 2% needs to be genuine savings and you pay the loan
back based on the remaining 75% borrowed.
Instead, when you sell the property or repay the EFM for some other
reason, you repay the EFM amount you originally borrowed plus up to
a 40% share of any increase in the value of the property.
And while nobody likes to talk about property
values decreasing, if this does happen when you have an EFM and you
are selling your property, you may not have to repay the full EFM
loan amount - a feature unique to an EFM.
Refinance
- There are plenty of good Products available to you today, if
you are considering looking for a better product that will save
you some time in some cases many years and tens of thousands of
your hard earned dollars paying your home off, saving money these
days is an art in its self.
Lo-Doc Loans.
- Do you have an income but have trouble showing it on your
returns? Do you want to set up your own business? Banks say no?
Equity Loans.
- Do you need to access some capital to do some renovations or
purchase a vehicle, need a well earned holiday, like to give the
stock market a go, or would like to have some cash to do something
you have wanted to do for some time. Want to spend the kids
inheritance and travel. Consider the latest housing boom, your
property value has risen with the market place, you would have
some equity to access cash for what ever your needs are.
Home Equity Loans / Reverse Mortgage
- We can organise a loan that allows you to tap into the equity
in your home or investment property - No repayments are needed
whilst you live in your home and you can live there for as long as
you choose. The loan is only repayable when you choose not to live
in your home anymore.
- You don't need to earn any income to be eligible and there are
no monthly repayments to make.
- How much you can borrow depends only on your age and the value
of your property. In fact, the older you are the more you can
likely borrow. Click here for more
We understand that securing a home loan is a stressful time
for potential home buyers and many Australians are choosing to use a
mortgage broker to save time and increase their options.
The mortgage broking industry in Australia is quickly gaining
popularity and is set to follow the trends set in the UK and US,
where brokers now introduce the vast majority of mortgaged loans.
According to the Mortgage Industry Association of Australia about 35
per cent of home loans are sourced through brokers, and that number
is rising as potential home buyers are pressured by time and stress
and also see the advantages of a large number of lenders and
products.
A recent MFAA/BankWest Home Finance Survey found that 56 per cent
said they would consider a broker and 72 per cent said using a
broker would save them time.
MFAA chief executive Phil Naylor said that one reason people are
using brokers is because there is a choice offered.
"If you go directly to a credit union, a building society or a
particular bank you are only going to be sold that particular
organisations product," he said.
"But if you go to a mortgage broker, they have relationships with a
far greater number of lenders. Once the broker is aware of what your
requirements are the broker can help you find the right loan.
"I also think people are just time poor and they do not have time to
do the checking required."
BankWest head of retail sales Mark Reid said he was not surprised at
the finding of the increasing public awareness of the benefits of
brokers.
"BankWest has always supported the broker channel, because we see it
as an alternative path for the customer to come to us," said Mr
Reid.
So call 'Call 4 Cash' today on (02) 4237
5924 or email
with your
phone number and location. Don't forget 'our aim is to help YOU'.
© 2005 Call 4
Cash - Email
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