Short Term - Caveat Loan
Your needs for a loan simply aren’t as clear cut as a large bank might think. Big lenders are very good at generalizing and that leads to many people being given loan offers that don’t necessarily reflect them or their needs. At Joondalup Home Loans, we hear about this all too often and no more frequently than with short term loans. Banks simply don’t like giving out short loans as they have a bad reputation for being high risk. However, in truth, there is very little difference in the risk between a short loan and any other. So, our company wants to be there to offer support where other lenders simply cannot. We offer highly favourable short-term loans, short term mortgages, and even caveat loans to Joondalup and Perth residents, based on their particular needs at the time. And, if you think that one of these might be for you then we would be glad to begin exploring your personal options.
A short term mortgage can be seriously appealing to those looking to close the purchase of their home, with more than sufficient capital already behind them. If you can pay a majority of your home upfront or can complete the entire purchase across a period of 10 years or less, a short-term mortgage would be your perfect solution. However, some large lenders can be reluctant to give these out as it simply isn’t profitable enough. But with us, your short-term mortgage could be just around the corner and with terms that suit your needs.
Other Short-Term Loans
In addition to short home loans, we can be there to provide a variety of other short loans. While we aren’t specific about the context, we do only ever provide these to our clients when they can provide us with a clear and reasonable request. So, if you know that one particular purchase or investment plan could do with a quick injection of capital, we’re sure that we could find you a suitable option through our short-term loans.
A caveat loan allows you to use the equity built up on your house to achieve a favourable loan. This is a lucrative option for many people with decent equity behind them and in the city of Joondalup, which can apply to many people. So, if you feel that one might work for you, you will no doubt want to sit down with our team and find out how we can provide it. Simply share your plans with us and we’ll take a detailed look into your specific possibilities.
Unmatched Interest Rates
One of the major drawbacks of normal short-term loans is the high-interest rates. These can be more than enough to put people off obtaining a loan and that can leave plenty of people stuck. Our team understands this better than most and that is why we are glad to say that we can be the ones to make a difference. We offer unmatched interest rates on our short-term loans, allowing our clients to do more than they ever thought possible with big banks.