New Home Loan Package from Aussie Home Loans
Recognising the increasing expense of building your own home, Aussie Home Loans has today launched the Aussie Home Builder Package, specifically designed to relieve the financial burden of construction.
The Aussie Home Builder Package gives borrowers the option to capitalise their repayments for up to six months and features an interest rate during construction at one per cent lower than Aussie’s standard variable rate, freeing up vital funds for other purposes.
Managing Director of Aussie Home Loans, Mr John Symond, believes this package will be very attractive to consumers and will encourage activity in the building industry, which is stalling due to interest rate rises and the impending GST.
“The Aussie Home Builder Package will allow people to build their own home, without having to make loan repayments until they move into the property, making construction more affordable in an environment of uncertainty. This, coupled with a lower interest rate (currently 6.70 per cent) allows people to continue meeting current living expenses such as rent or other mortgage repayments whilst building their home”, Mr Symond said
The Aussie Home Builder Package is available for three months and includes the option of an Aussie Credit Card and 15 months of Aussie Home Insurance for the price of 12 months delivering continued savings.