Mon, 2008-04-14 20:57

Home Loans are available in many different shapes and sizes and are offerdwith a range of options that can become confusing to say the least. Reasons for applying for a home loan can be just as varied. Reasons could include but not be limited to;

• Purchasing a new home or an investment property
• Investor home loans to purchase property or other investment purpose
• Refinancing an existing home loan
• Bridging finance or relocation home loan
• Business finance
• Debt consolidation
• Home improvements or additions
• Construction or owner builder
• Short Term Finance
• Equity or equity release
• Other worthwhile purpose

Common types of home loans are as follows;

• Standard Variable Rate Home Loan
• Basic Variable Rate Home Loan
• Fixed Rate Home Loan
• Line of Credit
• Low Doc Home Loans
• No Doc Home Loans
• No Deposit Loans
• Non Conforming Loans
• Reverse Mortgage