Buying your first home will most likely be the biggest purchase you will ever make. Whilst it is a very exciting time, it is a very important decision which shouldn’t be rushed into. Pioneer can lend up to 95% of the value of the property and capitalise the mortgage insurance on the loan to help you purchase your first home. There are also a range of schemes such as the First Home Owners Grant (FHOG) and stamp duty concessions available for first home buyers. Call Pioneer or speak with one of our accredited brokers to assist you in determining what you could be eligible to receive.
Whether you are buying a new property to be your next home or a first home buyer, there are a large range of Pioneer products that could help you minimise the repayments and length of your home loan. Circumstances change in your life so you need a home loan that is flexible for what you will need to do in the future. All of Pioneer’s home loans are fully featured with different repayment structures, variable or fixed rates, extra repayments and redraw as standard and we can lend up to 95% of the property value. Don’t get caught up in an advertisement with a low interest rate for a basic product, not knowing that you have to pay extras for any additional features. Pioneer doesn’t offer basic products, so you’ll be assured that a Pioneer loan has all of the features you could need in a home loan.
If you already have a mortgage with a lender and you’re not happy with your current home loan, refinancing can be beneficial in many areas. You may be able to access a lower interest rate. However it is important to speak with Pioneer or a broker prior to refinancing to ensure you are getting a better deal overall. In some cases, moving to a lower interest rate can end up costing you more depending on the fees and charges to discharge your current mortgage and entry fees to get the new mortgage. Refinancing is also popular if you are wanting to access additional equity in your property to do some renovations or purchase some investments, also if you have debt you would like to consolidate. If you’re not happy with your lender’s service or loan features, refinancing will provide you with numerous home loan options to better suit your needs.
Pioneer has helped many clients purchase their first investment property, as well as helping clients build a portfolio of investment properties. Lending up to 90% of the property value enables you to purchase an investment property, whether it is to take advantage of tax savings or to build assets for your retirement. Pioneer has a large range of fully featured home loans suitable for investment purposes on both standard products, Lo Doc or Specialised.
You’ve found the land and found a builder, now you need the finance to buy the land and build your dream home. Pioneer is a leader in managing construction loans and has helped numerous customers build their dream home or a new investment property. Our customers appreciate our quick progress payments and proactive liaison with builders at each stage to ensure the construction of their home is on track. Pioneer’s construction loans are available on a standard product as well as Lo Doc.
It can be very stressful running your own business and managing your financials. Self-employed borrowers can obtain the same home loan products as PAYG borrowers provided they can provide the required paperwork, normally required over a 2 year period. For those borrowers who don’t have their financial records completed when applying for a loan, Pioneer has a large range of Lo Doc products, which don’t require the traditional amount of documentation. Pioneer also has products available for self-employed borrowers with less than 2 years trading history. Generally these products will be priced higher than the standard rates due these loans being considered higher risk, however some of these products have a rate reduction after 2 years of good conduct.
We know that some people have had some circumstances in their lives that have negatively impacted their credit history. This doesn’t mean that you can’t obtain a home loan. Pioneer provides a range of Specialised lending products to assist borrowers with one default to borrowers with major blemishes on their credit report. The maximum amount you can borrow and the interest rate will differ depending on your credit history. Pioneer has been assisting credit impaired borrowers for more than 10 years, helping many towards restoring their credit histories and helping them get back into a standard home loan.
Pioneer can assist those people who don’t live in Australia but wish to purchase a property in Australia. Your residential status will determine if we can assist. It is best to call Pioneer or speak with one of our accredited brokers to determine if we can offer you a home loan based on your individual circumstances.