Different loan types
Basic
Why pay for additional home loan features if you do not require them? A basic home loan option provides simple features, is easy to manage and can provide some borrowers with a more economical home loan solution. This option is popular amongst first home buyers or borrowers who prefer a simple approach to their home loan needs.
Typical features at a glance
- Available for owner-occupied, investment, purchase or refinance purposes
- No or low ongoing account management fees
- Minimal features
- Less flexibility
- 24 hour easy access to funds via internet and phone access
Find out more about the key features you can access through the Macquarie Flyer Home Loan Service.
Standard loan
A standard loan is a great option if you’re looking for a competitive home loan that is uncomplicated but packed with a variety of features and easy access. A standard home loan offers a combination of features, flexibility, interest rate and fees making it an extremely popular option amongst borrowers.
This type of loan suits investors, first home owners and borrowers who need a land and/or construction option and is particularly suitable for those wanting to make extra repayments without penalty, split your loan or access a line of credit.
Typical features at a glance
- Greater repayment flexibility
- Available for owner occupied, investment; construction purchase or refinance purposes to help you build your new home, investment property or even purchase vacant land
- 24 hour easy access to funds via internet and phone access
- Split loan feature
- Portability
Find out more about the key features you can access through the Macquarie Flyer Home Loan Service.
Line of credit loan
A line of credit loan offers you easy access to funds up to an approved credit limit (secured against the value of your property). This means you can feel secure knowing your funds are available when you need them. Ideal for investors, the Line of credit option will suit borrowers who want a home loan that offers greater choice, flexibility and features.
Typical features at a glance
- Easy access to funds
- Interest rates are often lower than credit cards
- Global borrowing limit
- Option to consolidate your debt at a lower interest rate
- Allows you to capitalise your interest repayments
Find out more about the key features you can access through the Macquarie Flyer Home Loan Service
Low doc options
A low doc loan is suitable for the self-employed borrowers who may not be able to provide full financial statements and other evidence of their income. Whether you are looking to refinance, purchase a new home, invest or renovate, Macquarie can help you find the loan that suits your needs.
Typical features at a glance
- Less paperwork
- Streamlined application process
- Flexible loan options
- Competitive interest rates and low fees may apply after a specific time period
- Fast processing
- 24 hour access and free transactions through internet and phone access
Find out more about the key features you have access to through the Macquarie Flyer Home Loan Service.
