Acquired Home Loans

Loan Types

Fixed Rate Loans

This loan is exactly as it sounds. Your interest rate gets fixed for a period of time (normally 1-7 years). This gives you protection against rising interest rates. You’ll also know exactly what your repayments will be for the fixed rate period. At the end of the fixed rate period you’ll have the option to re-fix for another term or revert to a standard variable rate for the remaining term of the loan.

If however, rates go down, you may find yourself locked in to paying a higher rate than those borrowers on variable rates. You may also be penalized if you pay out your loan prior to the end of the fixed rate period.

Benefits

  • You can “lock in” the interest rate for a period of time and protect yourself against future interest rate rises
  • It is easy to budget you’ll have the same regular repayment each month until the end of the fixed period.

Pitfalls

  • If interest rates go down you may end up paying more for your loan than borrowers on variable rates
  • Fixed Rate also means, fixed term, fixed loan amount, fixed repayments and most lending institutions will penalise you for making additional repayments
  • You may be penalized if you pay out your home loan before the end of the fixed period
“My brother and I purchased an investment property from Acquired Properties after being recommended by a friend. Their research, customer service and professionalism made the process simple and easy. We wouldn’t hesitate buying through them again.”

Justin Furno
"Initially I was unsure of how to build a property investment portfolio, however Acquired Properties were helpful, approachable and listened to my concerns; explaining everything in simple terms. I knew I couldn’t do it by myself so I’m thankful that I chose Acquired Properties to help me through the process."

Evon Kong
“Acquired Properties made a great impression with their expertise and knowledge of property investment. Their industry knowledge and professionalism are just some of the reasons why I chose them to help expand, and look after my property portfolio. I can now look forward to the future knowing that Acquired are with me every step of the way.”

Paola Astudillo
"I highly recommend Acquired Properties for all your investment needs. They are true professionals with outstanding business acumen and integrity.”

Richard Narria

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