Used to buy or refinance property.

Common types:

• Owner-occupier loans – for living in the property
• Investment loans – for rental properties
• Fixed-rate loans – interest rate stays the same for a period
• Variable-rate loans – interest rate can change
• Split loans – part fixed, part variable
• Interest-only loans – pay only interest for a set period

• Construction Loans - For building a home, Funds released in stages as construction progresses
• Bridging Loans - Short-term loan used to “bridge the gap” between buying a new property and selling an existing one, providing temporary funding until longer-term finance or sale proceeds are received
• Refinance Loans - New loan taken out to replace an existing loan, usually to get a lower interest rate, reduce repayments, or access better features

• Secured car loan – vehicle acts as collateral (lower interest)
• Unsecured car loan – no collateral (higher interest)
• Chattel mortgage – for business vehicle purchases

purposes (travel, emergencies, etc.
Loan Types:

• Secured personal loan – backed by assets
• Unsecured personal loan – no collateral
• Fixed-rate personal loan – stable repayments
• Variable-rate personal loan – fluctuating repayments

Loan that allows a superannuation fund managed by its members to borrow money

• Usually to purchase investment assets like property
• Under strict legal conditions.

For starting or growing a business.

• Term loans – lump sum repaid over time
• Business overdrafts – flexible credit limit
• Invoice financing – borrow against unpaid invoices
• Equipment finance – purchase machinery or tools

Not a traditional loan, but works like one.

• Borrow up to a limit
• High interest if balance isn’t paid off

Standard Refinance Loan.

Long-term credit for purchases.

• A loan specifically for purchasing, developing, or refinancing commercial property

For environmentally friendly upgrades.

• Solar panels, energy-efficient homes, etc.
• Often with discounted interest rates