Standard Variable Home Loans
Prime home loans for PAYG & Full Doc Self Employed Borrowers with a good credit history.
Direct Credit Full Doc Loans
Our Prime Standard Variable Loans are a traditional mortgage option for borrowers with a strong financial history and stable income. It is ideal for those who can provide full documentation to prove their income, employment, and financial stability. These loans typically offer competitive interest rates and favorable terms because they are seen as low-risk by lenders.
Frequently asked questions on our Full Doc Loans
What Deposit or equity do I need?
With a standard Residential Full Doc loan, you would require at least 5% deposit + your costs to purchase a property.
For a refinance, the maximum loan to value ratio we can extend to is 90% (80% on Alt Doc).
We have Low deposit Home Loans availiable with as little as 5% deposit See – Direct Credit Low Deposit Loans
What loan size can I take out?
$100,000 up to $3Million.Â
Residential loan products we offer
- Direct Credit Full Doc Loans - PAYG & Self Employed
- Loan amount $100,000 - $3,000,000
- Purchase - LVR's up to 95% Full Doc & 80% Alt Doc
- Refinance - LVR's up to 90% Full Doc & 80% Alt Doc
What other products do you offer?
- Commercial & Residential SMSF - 80% Lvr
- Standard Commercial loans - 75%
- Construction loans - 80% Lvr
- Non Resident & Expat loans - 80% Lvr
Loan terms availiable
10, 15, 20, 25 or 30 years.
What are my options for making repayments?
Principal and Interest up to 30 Yrs or
Interest Only for 1 to 5 Years
Interest Only up to 10 years for Investment loans
Can I choose the frequency of my repayments?
Installments can be made weekly, fortnightly or monthly. Extra payments on variable rate loans can be made at any time.
How do I pay my loan?
- Direct debit: Pay your loan by direct debit monthly fortnightly or weekly. (Principle and Interest loans – Interest only must be monthly)
- Direct Salary Crediting: Have your income directly paid into your home loan account and use your re-draw facility over the phone or via the internet to access your money when needed.
- B-Pay: You can B-Pay to your loan. Please call the office to obtain your B-Pay details
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Can I have an Offset Account?
Yes Offset acccounts are availiable with most Direct Credit Loans
Can I split my loan into multiple accounts?
Loans for Residentail, Commercial, SMSF & NDIS Properties. (All loans real estate secured)
What can I use this loan for?
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.
Can I use this loan for an investment property?
Direct Credit’s Residential Investment Property Loans have a maximum 90% LVR (Loan to Value Ratio) including Lenders Mortgage Insurance.
Are there any monthly or annual fees?
- No monthly administration fees (Annual fee may apply depending on your loan)
- No fees charged on redraw (Accept manual Redraw)
Can I redraw on this loan?
Available as required ($50 min.), accessed over the phone or via the internet (Variable rate only & Excludes SMSF loans)
What our customers say
JEFF HALE
4 months ago
Direct credit was recommended by a friend , Puawai and Tammy made the process so much easier than dealing with a bank directly,
Thank you.
Meegan
6 months ago
The process was seamless and the communication was great. We have had the pleasure of engaging Puawai and Tammy multiple times and would definately have the team help again.
Muhammad Andi
10 months ago
Selena Bulgin
1 year ago
What a great team! It has been a pleasure to deal with Direct Credit to arrange my Home Loan. This was my first home loan and they took care of all the details, keeping me informed at every stage, taking all the worries off my shoulders. Such an easy and straightforward process. Derek and his staff are nothing short of outstanding and absolutely lovely. Highly recommend them to organise your finance. Thank you!
Renee Hundt
1 year ago
Direct Credit home loans were fantastic helping us refinance to cover an ATO debt. They were super easy to deal with and would highly recommend.
Duane Joliffe
1 year ago
An amazing efficient team of people. I would highly recommend them.
Raven Wearne
2 years ago
Tammy and the team at Direct Credit guided us through every step of the journey, making the process of buying our first home smooth and stress-free. Their expertise, support, and dedication were outstanding. Highly recommend this fantastic team!
Damian Elliott
2 years ago
Best experience I have ever had dealing with a broker! Derek and Tammy went above and beyond to meet our requirements. Nothing was to hard. Great rate and quick to act. If you are after a stress-free experience Direct Credit is the way to go. Thank you again! Looking forward to doing future business with you.
Zak Hamilton
2 years ago
We have dealt with Direct Credit for many years now. We are so happy with all the guidance and support we have received. We have just refinanced and everything worked out great. Thank you Derek and Tammy!
Vanessa (Kerwin Solicitors)
2 years ago
Professionally I have had numerous dealings with Direct Credit and love how smoothly the transition of the loan process can run.
I have now had the opportunity to utilise the services of Direct Credit on a personal level and I am so appreciative of the patience and diligence given to finding the best option to furnish our home loan no matter how many times I changed the goal posts. Thank you so much in particular to Derek and Tam for my personal transaction but to all the Direct Credit Team on a professional level.
CBEAR
2 years ago
Myself and my partner had some questions and queries regarding our home loan in the future. Derek Green has been helping us and I just wanted to say thank-you, your advice has been accurate, your replies swift and you’ve been all round fantastic from the start - Derek has gone above and beyond and we will be forever grateful!
Thanks Derek, A++++!!!
Ian Bailey
2 years ago
5 Star Service. Derek and Tammy are an absolute pleasure to deal with. Nothing is too much trouble and they go out of their way to facilitate a smooth and stress free process. I have purchased a number of properties over the years and this purchase has been by far the most enjoyable. I could not be happier choosing Direct Credit and highly recommend their services.
Thank you so much Derek and Tammy, you are 5 star people.
Lisa Elliott
2 years ago
I highly recommend Direct Credit Home Loans Australia to anybody looking for finance. They were great to deal with, very reliable and all of my questions were answered very quickly. I will definitely be using them again for any future purchases. Thumbs up guys!
Andrea Howgego
2 years ago
We have been dealing with Direct Credit for the past 5 years and they have been amazing. Puawai the whole team at Direct Credit have always gone above and beyond to help us and think of the best financial solutions for our family. Always achieving the best results!
Tammy communicated consistently and I always knew where the process was at.
Thank you to the whole team at Direct Credit, you have been the amazing! We are extremely grateful and thankful for all your help these last few years.
We have and will continue to recommend your services to everyone.
Garry Weir
2 years ago
The most helpful and polite guys to do business with and don’t mess around to get things done 👍👍👍👍
Kim Boyle
2 years ago
I have been dealing with Direct Credit for the last 5 years this being my 2nd mortgage through them. The staff have always been exemplary in their professionalism but also treat you like they would family which is how I am privileged to feel. I have had the pleasure of having Puawai Herewini as my bank manager along with Katie and Tammy the client services manager and team. This last loan was a separation settlement and I honestly don't know what I would've done without them. With all of the previous stresses of the last couple of years and work changes I left everything thing quite late and the team just batted together and made it happen in such a short time frame, I am so very grateful.
The support often on a daily basis I have received is well above their designated job descriptions as I said feel like part if the Direct Credit family everyone has been absolutely fantastic always going above and beyond helping me through this long drawn out situation. Again I can't thank you all enough!!! Derek you have the dream team working for you, they have yet again smashed it out of the ball park. So very relieved to have settled today and will definitely as I already do be recommending your companies services to everyone. Thank you all so very much again.
Dwayne Smith
2 years ago
Without any doubt these guys are the Home Loan 'A TEAM'. I had a really bad experience with Mortgage Choice which resulted in my finance falling over at the last stage due to the broker I was using.
My brother put me onto Direct Credit and the team of Derek, Puawai, Tammy & Katie, they went above and beyond to secure me finance approval to build my new home.
Thankyou all sooooo much 🙏
Zoe Smith
2 years ago
We couldn’t have asked for a better experience as first home buyers. Derek, Tammy & Katie were very knowledgeable & involved us in the entire process. We would definitely work with them again.
Mitchell Robson
2 years ago
The team at direct credit have been great!!! Such a stream line process and give the best options possible. Always transparent and give up to date info asap! Derek has been in the industry for a many years and it shows. Any Hick ups or troubles,,,, no stress he has it covered!
Thank you direct credit
marilou capili
2 years ago
Craig Richardson
3 years ago
Heather and Tammy were excellent at Direct credit, they handled a complex multi-loan multi-bank refinance professionally and efficiently, achieving a great outcome for us.
jason bell
3 years ago
A pleasure doing business with the team at Direct Credit
Masters in guidance through what can be a minefield of qualification
Heather Ross
3 years ago
Awesome - Puawai, Tammy, Heather and Derek. So patient and understanding. They go above and beyond!
Narelle Buller
3 years ago
Excellent service, great communication and always available to answer any questions. Very happy with our experience
Angus Bland
3 years ago
The team at Direct Credit were so helpful, friendly and efficient. They helped to select the best personal option. Information was readily available all the way along. No question was too big or small! My partner and I dealt mostly with Tammy and Kate, they were both amazing. I definitely recommend Direct Credit, especially if you are a first home buyer. Thank you so much!
Nathaniel McLaren
3 years ago
Highly recommend these guys. Thanks again Heather & Tammy!
Tod Oakroot
3 years ago
Derek and Tammy from DCHLA were extremely helpful and ensured the whole home loan process was as simple as possible with great communication and a caring approach.
Couldn't recommend them highly enough!
sarah jambia
4 years ago
Rodney Searston
4 years ago
We found ourselves in a difficult situation and the team from Direct Credit Home Loans found us an avenue which has allowed us to move forward. Puawai did his absolute best working with us and our accountant; the follow up from Tammy and Katie was awesome. This is our second loan with Direct Credit Home Loans and I'm sure it won't be the last. Thank you so much guys.
Sue Chapman
4 years ago
These guys are absolutely amazing! I would almost pay higher interest rates to be with these guys, almost! Fortunately, though, they are able to achieve the best outcomes for their clients. They work so hard to do this. I am so impressed!
The personal service not only through the loan process, but with ongoing support, is second to none. Would be very disappointed with anyone else after being so well looked after by these guys 🙂
Steps to your Variable Home Loans
1. 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.
2. Know your loan capacity
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
3. 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.