What is Home Loans?
Everyone in this world has one common desire. A desire to have his/her own residential property. It would be a task to find that one individual who doesn’t have a desire to have his/her own house. However, due to Global Financial Crisis, it is difficult to find a real estate property which is not expensive. The real estate market is currently down due to increasing supply and decreased demand. The prices shoot up making it impossible for the common man to purchase a dream house of his own.
Whatever savings a common individual might have done in the entire year, home loans come handy when there is a deficiency of funds.
Home loans are a lump sum amount the borrowers receive from the financial institutions and various banks. The money provided is strictly used for purchasing a real estate property. The money is provided with a deal, where the financial institution or the bank keeps holds the title of the property till the time loan is not repaid along with the due interest. The non-bank home loans are also available that are taken from various insurance and finance companies.
The application procedure of various banks is tedious and exhaustive. It might take weeks and months to get the loan sanctioned.
Understanding that there could be urgent need of fund in your business, you can get an option for a home loan that is a pure asset loan. Despite your bad credit history; you should look for a firm that funds you with minimum documentation. If you are in need of urgent cash flow for your business to operate smoothly, you can apply for it.
Apply Home Loan Online With Discovery Credit
There are various financial institutions that can provide a home loan with collateral. All banks provide home loans. Various finance companies as well provide home loans. There are insurance companies as well that can provide the borrowers a home loan. All the financial institutions hold the title of the borrower’s existing property till the time loan is not repaid. All institutions also charge an interest rate. Usually, banks have a fixed interest rate while private mortgage lenders charge a variable rate of interest.
Private lenders have an easy process and low documentation process than banks and authorized financial institutions. Such loans are provided on trust and contacts.
Discovery Credit has many years of experience in the financial industry and helped over thousands Small and Medium Sized Enterprises every year. We understand every business are different, especially for SME, hence we will tailor loan plan with your business.
In the world of internet and technology, it is not difficult to decipher that home loan applications can be applied online. You can now apply for home loans online from Discovery Credit on your home.
While deciding a financier it is important to make the right decision. Discovery Credit designed the process with less paper work and painless, the first step you only need to fill the Pre-Approval Form on the right, and there is no obligation to fill this form. The second step is you need to fill the full application form, and check whether you are eligible to get the home loan or not, and our friendly team will contact you as soon as possible. After you provide some required documents (we promise low doc home loans) and sign the contract, we will transfer funding to your account within 2 business days.
Why Choose Discovery Credit?
- We understand that when your business is in a crunch situation; you cannot afford to wait. Understanding this we give our best to keep the process quick and easy. We have till date successfully provided financial assistance to a large number of clients across Australia.
- We try to keep the process hassle-free. If you have received a negative response from a number of lenders don’t panic! We follow a practical approach towards loan approvals.
- The hidden cost is the major concern when you approach for a housing loan. We keep the costs transparent to ensure your peace of mind.
- Too much of documentation makes process lengthy and complicated. We try to keep it to the minimum.
- If you have a bad credit history your application generally gets rejected. We fund you despite your poor credit record.
- We give ample flexibility to clients. We try giving you customised repayment plans depending on the kind of business and growth potential.
- We are there to advise and assist you all through the loan tenure. We take good care of post sales service.
Trust us for immediate cash flow and contact us now!