A Basic Variable Rate Loan is a home loan which is light on features and as a result, it has a lower interest rate and mortgage fees. This type of home loan is useful for borrowers who look for basic loans, and focus on lowering interest rate and ongoing costs. This type of loan is subject to interest rate fluctuations, meaning the cost of your mortgage will vary from time to time.
A Standard Variable Rate loan has flexible features such as offset facilities, redraw, extra repayment and loan split. Borrowers normally pay a higher interest rate.
A Fixed Rate Loan is a loan where the interest rate doesn’t change during the fixed period. This rate is commonly for a period between 1-5 years, but longer fixed terms do exist. It allows borrower to fix their future payment.
An Alt Doc Loan designed for borrowers who don’t have sufficient documentation to support a standard loan application. Income is evidenced through a declaration, accountant’s verification and supporting documents dependent on the loan. Alt doc loans are available as fully featured home loans or lines of credit.
If you need an affordable and tax-effective way of gaining access to office equipment, vehicles and more, Best Professional Finance offers a specialized leasing service. We can arrange leasing for equipment such as:
• Cars, Trucks and Commercial Vehicles
• Computers, Printers and Office Equipment
• Forklifts, Earth Moving Equipment
• Shop or Office Fit-outs
If you are interested to purchase a commercial property or a business, we can evaluate the commercial lending market to find the most suitable product and apply for a loan on your behalf. We can arrange a range of commercial loans.
When you are buying a new car, it's easy to get excited and accept car loans offered by car dealerships. However, you may save money, talk to us for more information.
Best Professional Finance works with business partners who could assist you with a range of insurance products to suit your needs. Please feel free to contact us for a complimentary review.