Gay Friendly Finance for Drag Queens

X Inc Finance respects and supports the rights of every community group - ethnic, religous and sexuality. Our national broker team mirrors the diversity of our community and that means if you are gay and would prefer to meet with a gay broker, we can offer you that service. We understand the needs of gay singles, that gay households are often, but not always childless and often with double incomes. We understand the potential stresses of communicating special situations and with a passionate commitment to diversity, we make sure all our customers get the best deal we can possibly get for them. If you do want to talk to a gay broker, just tell us when you call on 13 XINC or tell us when you contact us.

no deposit and low deposit home loans

If you have a good income, but saving a deposit for a first home or an investment is too tough, a 100% or low deposit home loan might be the answer for you. You can now get great interest rates and much more flexibility with many 100% home loans as more and more lenders offer these products. Some specialist lenders even offer 106% home loans. These loans effectively give you the option of getting a loan when you have no money at all, can't finance the cost of the fees and are prepared to pay a higher interest rate. People with no real savings, like first-home buyers on good incomes, people re-establishing themselves after a relationship break-up or higher-income investors wanting to fully leverage a "stand-alone" property, might be interested in this kind of loan. For more information on these types of loans, go to No Deposit or 100% Home Loans.

low-document and no-document loans for self employed

Many lo-doc and no-doc loans offer all the same features of standard variable and fixed rate Home Loans, but with a more flexible application process. You can now borrow up to 80% of the value of the property you are buying and with some lenders, you will not even have to pay a premium on standard interest rates. Access to loan features such as flexible repayment options, redraw and 100% mortgage offset on standard variable and one year fixed rate products are also now reasonably common. And they are available to home buyers and residential property investors.

X Inc Finance also has a least one lender who offers an 80% LVR low document home loan with no LMI (Lender's Mortgage Insurance)! This is a fantastic loan and well worth considering if you are self employed or cannot provide full financials for some reason.

First Home buyers

There is no discrimmination in the eyes of the law when it comes to first home buyers entitlements. Gay, straight, married, single, muslim or christian - everyone has equal opportunity to qualify for First Home Buyers Grants. The rules are different in each of the states, so click here to access Fees & Charges payable or here to access First Home Owners Grant Information.

"As a first home buyer I was unsure and intimidated by the entire mortgage process. Anderson Vago was such a great help! He was thorough and patient in explaining the entire process. He also had an excellent knowledge of all products available."

Jessica Simpson, Cronulla

Investment Properties

Always seek advice from your accountant on investment and taxation rules and how they apply to your particular situation. While you may read or hear different information, talking to your accountant and / or financial planner will give you the appropriate analysis of your specific financial and investment situation. There are a number of borrowing options available to you as an investor and you will find a good outline of them and how they work as investment loans on this website - Equity Release loans or Investment Loans.

Debt Consolidation and offsetting credit cards

It is not unusual for single people to run up big credit card debts even as they are saving to buy a house. If this is you, or If you already have a mortgage, you should review your entire finance position every couple of years. If you have a home loan, it is always worth remembering that your credit cards are probably cheaper if offset against your mortgage. If you have a mortgage, consider consolidating your all your loans against your mortgage.

review your home loan regularly

If you have had a home loan for more than two years or you simply suspect you could be getting a better deal, or maybe a fixed-rate loan term is coming to an end, you definitely should check out your options with a mortgage broker. Dependent upon the overall size of your debt, you may be able to reduce your total repayments by several hundred dollars a month.