About our Loan Products

Oasis Home Loans offer a wide range of loan products, ranging from loans to people with severe credit problems to people with AAA credit rating. The following list will give you an indication of just what products are available. Please note that the terms and conditions of these products may change from time to time so be sure to check with your Oasis Home Loans office. You may also like to visit the Frequently Asked Questions (FAQ) page.

Definition of words used on this page

LVR: Loan to Value Ratio. This is the amount you can borrow as a percentage of the value of the security property. For example a loan of $50,000 secured by a property valued at $100,000 would be 50% LVR.

FHOG: First Home Owners Grant.

LMI: Loan Mortgage insurance.

Products

AAA Credit Rating: So long as you have a perfect credit history and a good employment history Oasis offer a range of loans including LVRs up to 106%. Naturally to secure the higher LVR loans your credit and employment history would need to be perfect.

Minor Credit Problems: So long as your problems are minor, loans up to 90% LVR are possible. Again the full circumstances of the problems would need to be fully explained.

Major Credit Problems: Yes, even if your problems are severe we have a loan product for you. For example, if you're an ex-bankrupt or have a long list of credit defaults, even unpaid ones, you may be able to borrow up to 85% LVR.

Behind in current mortgage: Oasis Home Loans have loan products even if you're behind with your current mortgage and other loans. This type of loan product usually has a slightly higher interest rate depending on the severity of your problem. In other words your rate is "risk assessed".

Being Evicted: Yes, even if you you are facing eviction, Oasis may have a loan for you. In fact, depending on your circumstance Oasis may even be able to get you back into your home even if you've been evicted already.

Self Employed: If you're self employed and don't have all your financials and perhaps you also have a credit problem, don't despair, Oasis Home Loans have a range of loans for you to consider.

Business Startup: Thinking or starting or buying a business and need finance. This style of loan is a specialty of Oasis Home Loans. Oasis Home Loans have loans for the self employed even if you've only been in business one day.

No Deposit: This is a very common problem when you buy a property. If you haven't saved a deposit yet and need a loan over 100% LVR, Oasis Home Loans can help. You will need to have a clean credit history, good employment history and not be relying on and Social Security payments to service the loan.

Vacant Land: Yes, Oasis Home Loans can even do vacant land. The LVR does drop to 50 - 60% unless you're buying the land as part of a home construction loan. In that case, the LVR would be considerably higher. Higher LVR is possible if the land forms part of a House and Land package.

Rural: Loans on Rural properties are not common these days, however Oasis Home Loans have a number to choose from. It is too difficult to give a clear indication of the LVR possible as they vary dramatically based on property location, size, water access, use and farming experience for example. In general terms LVRs range from 45% to 60%.

Commercial Properties: Depending on the type of property and degree of specialized use LVRs up to 75% are possible. Again location is a major factor.

Personal: Yes we can help you with a personal loan, we have a number of lenders available to help with personal loans.

Call us on 1800 4 OASIS (1800 4 62747)