Purchasing or refinancing an owner-occupied property presents an excellent opportunity to reduce costs and secure the best possible deal. At Mortgage Street, we help full-time, permanent income earners, including government employees and workers at the top 200 ASX companies, maximise their savings through our tailored Ultra Prime products.
Benefits for Government and ASX 200 Employees
Government and ASX 200 employees enjoy distinct advantages when applying for loans due to the stability of their income. Lenders, including Mortgage Street, view these roles as secure, which can lead to:
- Competitive Interest Rates: Lower rates due to stable employment.
- Faster Approvals: Streamlined processes with predictable income streams.
- Higher Loan Amounts: Increased borrowing capacity thanks to job security.
- Preferential Terms: Reduced fees and lower deposit requirements in some cases.
Mortgage Street’s Ultra Prime products are designed for borrowers with stable, full-time employment and income solely derived from wages or salary, excluding part-time, casual, or variable income. These products offer only principal-and-interest repayment options, ensuring long-term stability for borrowers committed to consistent repayments.
The lending criteria for these products are strict and conservative, requiring detailed documentation and ensuring that only borrowers who meet high eligibility standards are approved.
Maximising Savings with Expert Guidance
When purchasing or refinancing a property, it’s essential to explore all available options. Mortgage Street offers a variety of loan products, and our accredited brokers provide expert guidance to help borrowers find the best deal. With deep knowledge of the Australian market, our brokers ensure clients make informed financial decisions.
Purchasing or refinancing an owner-occupied property is a significant financial step. At Mortgage Street, we help borrowers maximise savings with our Ultra Prime products, specifically designed for stable, full-time income earners.
Contact one of Mortgage Street’s accredited brokers today to find the best financing option tailored to your needs.