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Home and Investment Loans | Nationwide Finance | Oyster Hub

Buying Your First Home. Refinance. Investment

Talk to our finance broker for expert advice

Talk to Finance Expert
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Free Property & Suburb Reports when you talk to us.

Get a free property report when you talk to our broker for your next home loan deal. Our experts will provide you with mortgage advice and help you find the right loan tailored for you.

We will compare more than 45+ lenders, negotiate great deals and mamage the paperwork on your behalf. Oysterhub brokers are flexible and will meet you at a time and place that suits you. Before you start your next investment journey take time to understand what is involved.

Why Choose Us?

We get tough loans approved

Get the right home loan for your needs

Get incredible interest rates

Fast approval, easy process

We aren’t owned by a bank

Free upfront valuations report

Steps in Getting Right Loan

Why Oyster Hub Experts?

We are accredited with most reputable lenders in Australia giving you a fair choice to compare

Guiding you through

Walking hand-in-hand with you to ensure you follow the correct pathway and secure the most appropriate loan for your situation.

Strategies Recommndation

Sourcing loans from numerous lenders, we find a competitive loan that suits your unique situation and benefits you in all walks of life.

Competitive refinance rates

Sourcing the best refinancing rates for your loan is easy when you have the exposure and knowledge guding you in your decision making.

Latest property insights

Find out the latest property trends and get individual analysis by our experts to help you understand the market.

Tax help and more

Our property professionals are financial professionals and can help you minimise your tax obligations.

Bad credit? Don’t worry

Oyster Hub helps you with bad credit gain car finance approval with competitive interest rates.

Your Home Loan Journey

We not only compare loans but offer savings on finance for leasing, business, and bad credit customers.

  • Step 1

    Preparing To Buy

    Our Mortgage Specialists will explain all of the details you need to know before buying your first property. We will walk you through each step of the pre-approval process and help you:

    • Determine how much you can borrow
    • Calculate your monthly payment amount
    • Choose the best loan product to fit your needs

    We want to ensure you have all the information necessary to enable you to make the most informed decision you can surrounding your home loan or investment loan.

  • Step 2

    Looking For a Property

    Now that you’ve learned how much you can spend, you’ll be able to search for a home you can afford to enjoy, without the stress on your mind.

    Our Specialists can help you evaluate the property you’ve fallen in love with and provide a free property report to ensure we aim to help you get this property.

    If it is a good value and solid investment, we’ll guide you through the offer process.

  • Step 3

    Make an Offer

    Once you decide that this home is “the one for me” you’ll need to make a formal offer to buy the property. You’ll want to make your offer contingent on final approval of your mortgage application and a property inspection before you get your home loan.

    Try to negotiate ten days to accomplish both, instead of the standard five to allow more time for yourself. If the buyer accepts the terms of your offer, we will move forward and prepare the loan documents for your settlement date.

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Types of First Home Buyer Loans

Follow these tips to get approved with better rates

Variable Loans

When it comes to saving money, our variable interest home loan can potentially leave more money in your pocket and it provides the opportunity to pay off your mortgage at a faster rate.

Variable home loans can be of two types: basic and standard. A standard variable home loan is more full-featured and gives you additional features including:

  • Redraw & offset facilities
  • Ability to make extra repayments
  • The option to split your loan.

Oyster Hub offers both types of loans for you and with the ability to compare the variable rates.

Fixed Loans

One of the main advantages of a fixed rate mortgage is the peace of mind that comes with knowing your monthly repayment amount for your home loan.

You can’t beat the predictability of a fixed-rate home loan, knowing how much you have to repay no matter what the situation. When it comes to choosing the right one, we have two options for you to consider:

1. Fixed Interest Rate Home Loan
This loan is available for between 1 and 5 years. At the end of the fixed period, you have the option to refix for a new term or have the loan revert back to the standard variable interest rate.
During the fixed period the mortgage repayments and interest rate remain constant. Extra repayments are normally not permitted on this type of loan.

2. Progressive Fixed Interest Rate Home Loan
This home loan is similar to a standard fixed rate home loan, with one important difference:

  • You have the ability to make extra repayments without incurring a penalty fee.

You can access any additional features such as a redraw facility and an offset account.

Construction Loans

The main feature of our construction mortgage is that you can stagger the drawdowns of the various parts of your loan to correspond with the stage of development that your property is at.

After construction is complete, your loan will automatically revert to a standard variable rate home loan providing you with that peace of mind.

This type of loan is available to for both registered builders and owner-builders. So, you can finally make the dream of building your dream home a reality!

Split Loans

It may seem that choosing between a fixed and variable home loan is black and white, it’s either one or the other. However, there is a third way and it allows you to combine the best features of both loan types - split loans.

A split loan allows you to have a portion of your home loan with a fixed interest rate and the remaining portion with a variable interest rate.

You have the option of selecting the percentage you would like fixed and the percentage you would like variable, as long as the minimum fixed amount is covered, as per the individual loan requirements.

 

Bad Credit Loans

Having a bad credit score doesn’t mean that you’re not able to get into your own home. It just means that you will have to approach lenders outside of the big banks.

At Oyster Hub, we understand that people can find themselves in all sorts of financial circumstances and we have a mortgages to help. The process of applying for a ‘bad credit’ home loan is a little more involved than for a traditional loan but we can guide you through the process efficiently and effectively.

If your credit history is not great then you will generally have to have a larger deposit and the rates will be higher than for other mortgage types. You will also have to check that all of your outstanding debts are paid prior to submitting the application.

However, a ‘bad credit’ mortgage presents a real opportunity for you to get your finances back on track and own your own home.

Book your free discovery call and get in contact with out financial experts to help put you on the correct pathway.

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