This product is offered by most financial institutions as their main stream home loan. The standard variable home loan has greater flexibility, more features and better options than the 'Basic Homeloan’.
Some of the features and options include: Salary crediting, redraw facilities, off set accounts, additional repayments options, top ups, construction loans and fixed rate options.
A standard variable rate loan does not mean you pay the standard rate, with all financiers offering "life of loan" discounts based on the package you qualify for.
Finding the right product is just the first step. Whether you're starting out as a first home buyer, or a multi-million dollar developer, ProMortgage has a specialist to help you every step of the way.