SA Home Loans, established in 1999, is a mortgage financial service provider who prides themselves…
SA Home Loans, established in 1999, is a mortgage financial service provider who prides themselves on offering the best service associated with being a home loan provider. They have originated over 100 000 residential loans in under a decade. SA Home Loans services cover the full spectrum of home ownership and financing.
SA Home Loans has three home loan products: variable, 30 year and edge home loans. The Variable home loan has competitive interest rates and innovative optional extras. It has flexible terms up to 20 years, and if you switch to SA Home Loans, you benefit with the Quick Cash Option before registration, giving you a lump sum of cash within 72 hours to use as you please. You get access surplus funds on the value of your property through a variety of further lending options after your home loan is established.
The 30 Year home loan minimises your monthly instalments by calculating the bond over a longer period of time (30 years). The Interest rate is variable and tailored to your risk profile, and the product is only available to clients purchasing a new home but not to clients wishing to switch their existing bond. There are borrower age criteria: maximum age at grant is 45 years.
The Edge home loan allows you to pay the lowest monthly instalments, meaning only the interest for three years before reverting to a standard amortising loan. This loan is ideal for clients who want to buy ‘up’ now – knowing their income will grow to match their repayments. You only have to pay the interest for the first 36 months – the lowest instalment possible. At the end of 36 months, the loan reverts to a standard variable loan over 240 months, with all the same benefits and features. There are no capital payments at the end of the term. Your home is fully paid off, and you still have the flexibility of paying off capital in the first three years if you choose by reducing the capital balance and thereby saving yourself interest.
SA Home Loans contact details:
Address: 2 Milkwood Crescent
Milkwood Park (off Douglas Saunders Dr)
La Lucia Ridge 4051