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Important information

Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
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Basic Home Loan Offer

Basic Home Loan current offer from one of our lenders - 6.23% ( Comparison 6.25% )

NO application fee

NO valuation fee ($500 paid toward cost of valuations. valuations up to $1 million are $220)

NO ongoing fees

FREE REDRAWS on line

MINIMUM loan can be as low as $50,000

Settlement fee only $250

CAN be split into four separate accounts at NO additional charge (Note can only combine with basic or fixed . Fixed split incurs $8 per month)

Early repayment fees are Yr 1 $1500, Yr 2 $1200, Yr 3 $1000

Policy Features:

95% plus LMI for Owner Occupied and Investment purchases.

Interest only 5 years allowed for owner occupied.

No genuine savings required.

Probation and one days full time employment considered.

Will refinance business debt at residential rates ( security must be residential ).

Turnaround times currently 48 hours for conditional approval assuming mandatory information is provided.

Send us your home loan application information using this online tool.