1300 258237

Club Financial Services
Glossary

Glossary

Loan Types Explained

Standard Variable

  • Take advantage of Interest Rate movements
  • Principle and Interest or Interest only
  • Direct Salary Credits
  • Free Re-Draw available
  • Split Loans available
  • Construction
  • Unlimited Extra Payments

Low Start Loan

  • Have a low introductory rate for up to 2 years while you are establishing your new home
  • Make extra payments if you wish
  • Redraw available
  • Choose variable or fixed rates during honeymoon period and then elect to go fixed or variable at the end

Fixed Rate Loan

  • Higher premium or interest rate in return for a stable rate.
  • Restrictions on extra repayments
  • Penalty or break cost if loan discharged before it has expired

CLUB NEWS

  • Club Academy

    Leading home loan and mortgage broking firm, Club Financial Services, is throwing open its doors to aspiring mortgage brokers with a new recruitment and training initiative, the Club Academy

  • 2010 AMA Award Finalists

    It would seem the Global Financial Crisis did nothing to quell the success of Club Financial Services during the past year, with the mortgage lending and loan broking firm being shortlisted for six awards at this year's Australian Mortgage Awards (AMAs).


2008 Copyright Club Financial Services