Advantage Finance (SA)
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Advantage Finance (SA)
First Home Loan Options
need a loan for your first home? first home loans

First Home Loan Products:

At Advantage Finance (SA) we want you to have your finance your way.

We offer you many loan and finance packages on our website but we also have other loan types that may suit other circumstances.

If you aren't sure of what you need or would rather talk to us about your circumstances, please call us on 08 8351 5444.

Non metro area, rural and interstate enquiries are welcomed - we have clients throughout the country - literally!

 

 

ADVANTAGE FINANCE (SA) 95% NON-GENUINE SAVINGS
HOME LOAN

  • 95% maximum LVR. No genuine savings required for 5% deposit
  • Fully featured loan with a range of options including redraw, LMI capitalization above 95%, weekly, fortnightly or monthly repayment terms, internet banking
  • Available for fully verified borrowers for purchases or refinances
  • Available for any worthwhile purpose including Owner Occupied Purchase, Investment Purchase, refinances and construction

LVR/Loan Amount

95% up to $650,000.00
90% maximum for Refinances

Savings Requirements

No genuine savings are required. Deposit can comprise of First Home Owners Grant or Gifted Funds

Loan Terms

30 years

Repayments

Principal and Interest

Repayment Frequency

Repayments can be direct debited weekly, fortnightly or monthly. Extra repayments can be made at anything time

Redraw

Available as required – minimum redraw amount is $1000.00. Redraw over $5000.00 incurs a Search Fee of $49.50

Suitable Security (property type)

  • Acreage < = 25 Acres
  • Display Homes
  • Duplex
  • Rural Residential
  • Studio Apartments (at a lower LVR)
  • Multiple Units 1 title
  • Crown Leased (ACT)
  • Titles = Torrens, Strata, Group & Community titles, Crown Leasehold (ACT)

Non-suitable Security

  • Vacant Land
  • Commercial
  • Serviced Apartments
  • Resort Complex
  • Any security with negative comments from a Valuer

Need more information or explanation?

Contact one of our friendly loan consultants and we will gladly assist you - 08 8351 5444

 

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