Loan Hatch

PM announces $688 million HomeBuilder scheme for Australians looking to build or renovate
Australians looking to build or renovate in the second half of the year will be able to get $25,000 from the federal government as part of a scheme aiming to keep the construction industry moving.

https://www.9news.com.au/national/australia-homebuilder-politics-plan-housing-renovations-construction-economy-coronavirus-recovery-covid-19/0dac152a-23d6-4d1a-b2f1-87b66f8e3ca1

'Keep that dream alive': PM announces $688 million HomeBuilder scheme 'Keep that dream alive': PM announces $688 million HomeBuilder scheme for Australians looking to build or renovateBy 9News Staff8:22am Jun 4, 2020 Tweet Facebook Mail Australians looking to build or renovate in the second half of the year will be able to get $25,000 from the federal government as pa...

Want to apply for a home loan but don't know where to start?
Why not call Loan Hatch mortgage expert and book a free consultation.
Call us on 03 9010 5660 for all your mortgage needs.

Why rent a house when you could own your home?
Home ownership is a great Aussie dream and considered a key cultural icon. The low-interest-rate environment will not last for a long time, and property prices will bounce back once the economy gains momentum.

Low interest rates mean lower home loan repayments, however, since banks are tightening their lending policies, it might be harder to secure a home loan.

If your job and income are stable, then you might have a higher chance of home loan approval

Call us today to discuss all your options.

WHICH HOME LOAN IS RIGHT FIT FOR YOU?

When it comes to home loans, there can be a huge variety of home loan solutions available in the market. Choosing the right one can be difficult especially if you don't have the knowledge of various loan types. Hence, it’s worth knowing what’s involved with each to make an informed decision.

Fixed-rate home loan
A fixed home loan offers an interest rate that is fixed for a set period of time – usually 1, 3, or 5 years. The key benefit is the ability to budget, knowing exactly how much your repayments will cost each time. It is good for anyone who wants certainty with their monthly payments.

Variable-rate home loan
A variable home loan is more versatile, Standard variable home loans offer borrowers flexibility with a range of optional features - such as redraw, extra repayments or access to a line of credit. The variable interest rate will move up and down over time, loosely in line with the official interest rates set by the Reserve Bank of Australia.

Interest-only loan
An Interest only loan, allows borrowers to lower their payments by paying off only the interest portion of their loan. This can help borrowers to free up some money for other things. However, this can end up being an extremely expensive option. Investors tend to choose interest-free loans, as they can take advantage of low repayments over a set period before they resell the investment property.

Split loan
The split loan offers the advantages of both fixed and variable loans. You can split your loan into any proportion you wish. One of the benefits of the split loan is that payments will gradually decrease, as the steadily fixed-rate payments lower the amount of the loan, so that the variable payment is proportionally lower at times when interest rates rise.

Low Doc Home Loan
Low Doc Home loans are for potential borrowers who are self-employed or small business owners and don't have access to the documents required to obtain a traditional mortgage. The low doc loan has lower requirements for proof of income and credit rating, yet they also require a higher deposit and charge higher interest rates.

If you need help in finding out which home loan is the best fit for your situation, contact us.
We will happily assess your circumstances and find the best home loan solution for you.

Now it's easier to send Loan Hatch a message.

Vic extends First Home Owner Grant amid COVID-19 crisis.
The Victorian government has announced that it is extending the First Home Owner Grant for an additional 12 months to support home buyers through the COVID-19 pandemic.
https://bit.ly/2Y4Shq4

Vic extends first home owner grant amid COVID-19 crisis The Victorian government has announced that it is extending the First Home Owner Grant for an additional 12 months to support home buyers through the COVID-19 pandemic.

" Lest we Forget "

Most banks are allowing home loan borrowers to put their repayments on hold for up to six months. Is deferring the loan payment the best option for you? Find out more by talking to Loan Hatch Mortgage experts.

Loan Hatch wishes you all a HAPPY EASTER!

Loan Hatch recognizes that the current COVID-19 situation is very difficult. As such, we have implemented internal policies to keep both our team members and clients safe and healthy. That being said, We are still OPEN to serve you.
We can arrange virtual meetings or chat or talk to make this work for you!

Loan Hatch Wishes Happy New Year to all of you!

Wishing you and your family a Merry Christmas & Happy New Year!

Homeownership is an epic adventure.
Whether you're refinancing to lower your interest rate or starting the loan process for the first time, we're here to guide you every step of the way.

Are you looking for Home Loan?
We can help you find the right home loan. Speak to our mortgage broker today to discuss this.
Call us on 03 9010 5660

Is your mortgage due for review?
With RBA continually dropping the interest rates, its time to think about refinancing.
Find out how Refinance can save you a big amount.