Home Loan Finance

Home Finance Home Loan Finance

Get The Right Home Loan For Your Situation

Your home is probably the biggest purchase you will ever make, so it’s important to be sure you are getting the right advice when it comes to financing. Bluewell provides home loans that are competitive, transparent and most importantly, tailor-made for your situation.

If you’re building a new house, substantially renovating an existing one or buying land for a new home, make sure you check out our Construction Loans.

Choosing the right home loan can save you thousands of dollars over the life of the loan. It’s a good idea to review your loan set up every two to three years to make sure your home loan still suits your needs – your financial situation may have changed, or the lending environment may be different.

We’ll Help You Understand Home Loans

The friendly team at Bluewell can advise on the many different features you need to consider when applying for a home loan. We’ll explain the process in simple language, so you know exactly what you’re signing up for and there are no hidden surprises.

When you talk to one of our team members, some things you might want to discuss include:

  • Lenders mortgage insurance – you may need this if you have a deposit less than 20% the total value of the loan.
  • Loan to Value (LVR) ratios – each lender sets a different LVR, which is the percentage of the loan amount you are able to borrow.
  • Fees – there are a range of fees that can be charged on home loans including application fees, property valuation fees, ongoing fees (such as an annual charge), late payment fees, early exit fees, discharge fees, break fees (charged when you switch loans during a fixed rate term), redraw fees, and an account-keeping fee for any related offset account.
  • Interest rates – we can help you understand the difference between the advertised rate and the comparison rate.

If you’re ready to make the move into property, or if you already have a home loan and what to make sure it’s still right for your situation, contact Bluewell on 1300 669 664 or email us at finance@bluewell.com.au. We’ll talk you through our home loans and find one to meet your needs.