The discount can be up to one percent off the standard variable rate and is usually for the first 6-12 months of the home loan. After this period has expired, the interest rate will revert to the mortgage lender’s standard variable interest rate. Franchise Funding
1300 55 10 45 For More Information Please use the home loan calculators available to check your borrowing capacity, loan repayment calculator or stamp duty fees. Alternatively, you can speak to one of the mortgage brokers at Intellichoice on 1300 55 10 45 for more information about our other home loan and mortgage loan products and whether an introductory home loan is suitable for your circumstances.
You should seek pre approval before entering into a Franchise Funding arrangement. The reason is simple, building is a complex excerise requiring good co ordination and technical skills.
Lenders are aware of the complexity builders face, and the possibility of costs over runs. This comes primarily from in-experience with managing this type of project. Hence most lenders are not generous when it comes to lending at high LVR’s on a Franchise Funding.
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