Low Documentation Requirements mean minimum paperwork and fuss.

Most buyers we have come across borrowed $50,000 to $500,000 at home loan rates. With quite a few reported they were borrowing up to 80% of the property value.

Depending on the financial institution you may be able to choose weekly, fortnightly or monthly repayments whichever suits your income stream best.

Salary directly credited to your home loan is a great feature if it is offered and the 100% offset facility for all your extra deposits helps bring down your interest repayments.

Many people do choose to pay more than the minimum which you can hopefully do as often as you like and some banks even let you deposit Lump Sum repayments of $500 or more at any time.

The options that are available and shown on many banks website are Interest only repayments option or a fixed rate option.

Some even let you include government charges when establishing a new loan. We have a some great financial planners and home loan brokers who can explain all this in detail for you. Just let me know and I will put you in contact with them.