by Greg North | May 25, 2022 | Types of Property Finance
Development, Construction and Renovation Loans Explained OZloans can assist with structuring financing solutions for commercial and industrial development, residential property development and for renovations. We can organise construction and development finance to...
by Greg North | May 25, 2022 | Types of Property Finance
Reverse Mortgages Explained A reverse mortgage loan is a loan available for property owners who are 60 years and over. A mortgage is created against the equity or asset value in their home, holiday home or investment property. This equity can be taken out in a lump...
by Greg North | May 24, 2022 | Types of Property Finance
Bridging Loans or Bridging Finance A bridging loan may be necessary to cover the financial gap when buying one property before the existing one is sold. This finance is generally secured against your current (not new) property as you are utilising the equity in your...
by Greg North | May 17, 2022 | Types of Property Finance
What is an Interest-Only Loan or Mortgage? An interest-only loan is structured so that you only pay the interest component on your loan. For these loans, the principal of the loan is not repaid during this repayment period. There is usually a specified, short-term...
by Greg North | May 17, 2022 | Types of Property Finance
What is a Split Loan or Mortgage? A split loan is a complex structured mortgage that folds in the features of multiple types of loan products, eg, fixed interest rate and variable interest rate. The primary reason this is considered is to incorporate the security of a...