Home Loans
Taking on a home loan is possibly the biggest, single financial commitment you’ll make in a lifetime. But don’t be put off because it will also be the best investment you’ll make.
And with the right tools and the right help, it can be smooth sailing through the process of investigating, applying for and repaying the loan.
At Real Simple Home Loans, we provide the tools to help you understand what you can afford, what your repayments will be, and whatever else you need to know.
Find Our Best Home Loan Rates
What’s the best home loan rate that Real SImple can offer you? Check out the range of loans available.
Get a foot in the door with the right home loan
New Homeloans
4.63% p.a
4.64% Comparison Rate
Refinance
4.63% p.a
4.64% Comparison Rate
Invest
4.93% p.a
5.14% Comparison Rate
FAQs
Help & Support
We’ve got some real simple explanations here to answer some common questions and to help you work out what all the bank-y jargon actually means!
You need at least a 5% deposit, (5% of what you wish to borrow). You can no longer borrow 100% of the purchase amount as a home loan.
When applying for a home loan, the lender will assess you and your financial situation, then determine how much debt they think you can manage.
Things that will influence how much you can borrow include your level of savings, your income, budget, and spending habits.
The minimum amount of a deposit you need today is 5%. Ideally, you would want a minimum of 20% to avoid paying Lender’s Mortgage Insurance.
The government offers various schemes to help you get into the property market, including help with deposits.
Here’s an insightful article focusing on the benefits of refinancing your home loan. But basically, you should start by researching to see if there are better loan options out in the market. Check for what fees and charges are involved, then if you’d be better off changing, go for it. Start by contacting the new lender, or current one if they have a better deal.
Refinancing is where you take out a new loan, with better payment options, terms, and conditions, and you use the new loan to pay off your current one.
Access the right home loans without moving mountains
It’s simply easier
As truly independent brokers, we have the flexibility to shop around (on your behalf) to find the loan that best fits your situation and lifestyle.
It’s simply faster
Because we aren’t governed by the red tape and fixed process of bigger institutions, we can be a lot more flexible, so you get approvals faster.
It’s simply smarter
Our smart online systems not only cut down on time and paperwork, but they also make the process a lot more enjoyable. Sorry banks!
It’s simply better
With the launch of Real Simple Home Loans, a better way to home loan. you now have a real choice. Work with us and get real solutions, real fast. It’s simply a better way.
Home Loans
Our Home Loans Tailored for you
Real Simple can also help with:
A land loan is for purchasing vacant land, with the intent of building a home. They’re different from normal home loans, which are undertaken with the intent to buy a home that’s already built.
Used specifically buy an apartment, they are generally granted to property management firms or investors. They will then rent the apartment to tenants.
These loans are for people intending to build their home rather than purchase one already built. It differs from normal home loans, in that you can progressively withdraw money from the loan, to pay for construction as you go, rather than in one lump sum.
A regular home loan to buy a house, as an owner/occupier, stipulates you must live in the house for a minimum of 12 months. An Investment Property home loan allows you to buy a property specifically to rent out to tenants straight away.
There are many options to consider if you want a loan to renovate your home. If you’re looking to renovate your existing premises,
a personal home renovation loan is the way to go.
A bridging loan allows you to finance your next home purchase if you’re still waiting for your current house to sell. It is a short-term loan of only 12 months.
Equity is the value of your property, less any money still owing. If the value of your house has increased, then your borrowing power has increased too. Good equity in your current home will allow you to secure your next loan a lot easier than you did the first time.