Introductory, Honeymoon Rate Loans
Introductory and honeymoon rate loans are ideal for people that want a discounted rate usually for a 12 month period. The lenders give a discounted rate this allows you to make extra repayments or save extra money during this introductory or honeymoon rate period.
This is ideal for first home buyers or clients who are only keeping properties for a short period of time. You are able to have standard variable or fixed rates for the introductory or honeymoon period.
Also, you are able to have this product either for investment loans, owner-occupied or land loans.