Fixed rate home loans

Prime home loans for full doc borrowers with a good credit history.

With fixed rate home loans the interest rate on your loan is fixed for a specified number of years. Repayments remain the same, protecting you in that period against interest rate increases. But it also means you don’t benefit from rate drops should they occur. At the end of the period, you can choose to fix the rate again.

As mortgage managers Direct Credit Home Loans enjoys long term relationships with clients. We will be there to offer you guidance on all the benefits and features of the different Loan products and whether they are right for you.

Frequently asked questions

Can I split this loan?

One loan allows up to four loan accounts and comprises a mix of loan products. Very useful for borrowers wanting to distinguish between loan purposes and receive assistance with income tax preparation.

How does the fixed rate work?

Fixed for 1, 2, 3, 4 or 5 years, reverting to a variable rate thereafter.

Can I reduce the principal?

Yes, however if the loan is paid out in full during a fixed rate period, break costs may apply. Maximum extra payments allowed during the fixed rate period is $20,000

Can I redraw on this loan?

Not during a fixed rate period.

Can I substitute a new property as security for the loan?

The security property can be substituted if required. Note there may be restrictions if loan size needs to be altered, and break costs if the fixed rate has to be broken or limits reduced.

What fixed products do you offer?

  • Direct Fixed rate loans apply to full doc loans only (Excluding Low doc and Credit impaired product suite)
    Loan amount must be over $100,000 and loan to value ratio must not exceed 80% LVR.
  • Higher LVR Fixed rate Loans
    Minimum loan amount $100,000, and LVR available up to 95% maximum for Owner Occupied or 90% for Investment.
  • (Interest rate loading apply on all loans above 80% Lvr)
  • Fixed rate loans can be 1 – 5 year term, either Principle and Interest or Interest only

Fixed Rate Loans Australia

Get Fixed Rate Loans in Australia Even Though the Bank Said No

The bank took one look at your credit report and denied your loan application, but you can still qualify for a fixed rate loan in Australia. Direct Credit Home Loans Australia is not a bank and looks at you, not your credit report to decide the outcome of your loan application. We are a specialist, non-bank home and commercial loan provider which offers you the chance to purchase your first home, expand your business or buy a new car.

Problems Direct Credit Home Loans Australia Addresses

Proving to a bank that you are responsible despite your past credit history is impossible due to their stringent requirements that don’t allow individuals to approve your application based on your interactions.

  • We can help you achieve your dream, despite your challenging credit history. We understand life’s ups and downs so we pay attention to what you have to say, rather than what is on the papers presented. Everyone makes mistakes and if you’re in a better financial place, who are we to say no to your home loan application.
  • Self-employed individuals have a difficult time producing the volumes of documentation required by banks to secure a loan. We applaud you on your independence and reward you by helping you with the home loan you need to buy the house your heart is set on.
  • Business loans can be extremely difficult to obtain at a bank, but we want your business to grow as much as you do. We work with you to find the funds you need to expand and continue growing.

Why Debt Refinancing is Cost Effective

A debt refinance loan may be the answer you’ve been seeking. This type of loan allows you to secure the funding you need while paying off past debts.

  • By bundling your current debt into the loan you are likely improving your future credit score, making it easier to secure lower interest rates.
  • From a business perspective, refinancing your businesses debts results in lower monthly payments, allowing you to reinvest in your business to experience growth for the future.
  • If your current interest rate is too high, refinancing can result in a lower one, which in turn lowers monthly payments for personal and commercial loans.

Why Trust Direct Credit Home Loans Australia Regarding Fixed Rate Loans in Australia

We offer fixed rate loans so your payments remain the same amount throughout the life of the loan. We work with you to determine the best rate for your loan based on your credit history and current financial situation. We offer low doc loans for the self-employed or those with short-term work histories, to enable you to purchase a home despite not working for a major corporation. We work with discharged bankruptcies over two years old, offering you the chance to become a homeowner despite your past.

We are committed to helping you achieve your dreams and are more inclined to say yes than no. Reach out to our team who can answer any questions and help you on your way to buying a home, expanding your business or purchasing a newer car. All you have to do is ask.

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Steps to your Fixed rate home loans


Am I eligible for a loan?

If you are a PAYG earner or self-employed with full financials, have a sound credit history and have at least 5% deposit for a purchase or equity in existing property – you may qualify.


How much can I borrow?

See how much you can borrow using our simple borrowing power calculator, or call one of our friendly team to get a detailed borrowing capacity over the phone today.


Book a consultation or apply online

Call us on Freecall 1800 000 800 for a no obligation chat or, if you’re ready to apply get started now.

Start your application