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At General Finance we have available a number of types of loans, to
suit every need.
Broadly these are divided into two types: prime loans and
non-conforming loans. We also do second mortgages.
General Finance Prime Home Loan
A first mortgage at prime rates, up to 80% finance for applicants with at least 10% genuine equity/deposit, who can prove their ability to service (Fully Verified), and who wish to purchase or refinance residential owner occupied or investment property (70%). Up to 20% of deposit can be gifted. |
Quick Fix Loans
Short term first (70%) and second (65%) mortgages available over good quality residential property. Some credit impairment is acceptable. Purposes can include bridging, cleansing and asset lend. In some cases interest can be capitalised for bridging loans. We must have a “takeout” for all approvals. |
Second Mortgages
Suited for purchases or top-ups when banks say “No”. (LVR up to 65%). |
Non Conforming Loans
For borrowers who have had serious credit issues in the past. LVRs are dependent on security location and risk grading. (also suitable for customers with clean credit)
- Fresh Start Home Loan (Star) – 80% Fully Verified
- Lo Doc (Nova) – a 75% Lo Doc product for self-employed borrowers who have been GST registered for at least 12 months
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If you would like to learn more about our loan products, select the
type below, or fill out the feedback form and we will send the details to you
Select the items that apply, and then let us know how to contact
you.
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