Sydney a "tenant's market", but not every city
Renter vacancy is shifting across the country, and depending on where you live, that may mean good or bad things for rental prices.
Fixed - 2 years
Interest rate structure
Fixed - 2 years
$50k - $5mCalculate how much you can borrow
Principal & interest
Loan term range
1 - 30 years
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Regional Australia Bank is the name of three New South Wales credit union brands that combined to form Australia’s largest inland credit union. The Regional Australia Bank, formerly Community Mutual Group, dates back to 1970 and is now responsible for managing assets worth just under $1 billion.
As a credit union, the Regional Australia Bank can reinvest its profits in the business passing benefits that include competitive rates directly to its 700,000 plus membership base. Regional Australia Bank offers a range of every day banking products in addition to insurance, credit cards and home loans.
In 2013 Regional Australia Bank won Money Magazine’s Socially Responsible Mutual of the Year Award.
Regional Australia Bank Home Loan Calculator
Interested in an Regional Australia Bank home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Regional Australia Bank compares to its competitors. Simply plug in your borrowing amount below.
If you want to get a home loan with bad credit, you need to convince a lender that your problems are behind you and that you will, indeed, be able to repay a mortgage.
One step you might want to take is to visit a mortgage broker who specialises in bad credit home loans (also known as ‘non-conforming home loans’ or ‘sub-prime home loans’). An experienced broker will know which lenders to approach, and how to plead your case with each of them.
Two points to bear in mind are:
If you’d prefer to directly approach the lender yourself, you’re more likely to find success with smaller non-bank lenders that specialise in bad credit home loans (as opposed to bigger banks that prefer ‘vanilla’ mortgages). That’s because these smaller lenders are more likely to treat you as a unique individual rather than judge you according to a one-size-fits-all policy.
Lenders try to minimise their risk, so if you want to get a home loan with bad credit, you need to do everything you can to convince lenders that you’re safer than your credit history might suggest. If possible, provide paperwork that shows: