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Easy Street Honeymoon Home Loan Special

Posted September 16th, 2011 and last modified October 28th, 2011

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Even during an economy where lenders have tightened their belts, the home loan market is still in full swing. Although not as many people are taking home loans as there were a few years ago, banks and other financial institutions are still being as competitive as ever when it comes to securing new customers.

Online lender Easy Street has a home loan product in the market capable of taking on the big banks. Let’s take a look at the product to see how realistic their chances are.

Easy Street Honeymoon Home Loan Special

One major advantage that online lenders like Easy Street have over the big banks is that their business model allows them to offer very attractive rates. Being an online only lender, Easy Street don’t have the same overheads as the big banks..

There are no branches to pay for, and less equipment, meaning that overall it’s a much cheaper business model to run. Easy Street have used this as a means to offer customers a low introductory rate when they sign up to the Honeymoon Home Loan Special.

Is This Just For First Time Buyers?

Although the name may be suggest this product is aimed at first time buyers, in fact anyone looking for finance can benefit from it. Those looking to buy investment property, or those needing to refinance their home are all just as eligible to apply.

The application process itself is also fairly straight forward. Being an online lender the best way to apply for the Honeymoon Home Loan Special is via the Easy Street website. It’s a fairly basic application form, and if you have the relevant information and documents to hand it should only take about 10 minutes to complete. Or if you’d prefer, you can apply over the phone.

Take Advantage Of The Discounted 12 Months

The first year of a home loan can often be the hardest. It’s the time you’re paying for solicitors, conveyancing, and moving costs. Having less interest to pay for the first 12 months can relieve some of the pressure on you, and help to make the whole moving process run a little more smoothly.

On the whole this looks like a pretty solid home loan deal. As always the advice is to search around and see what offers out there suit you best. Never borrow more than you can comfortably afford to pay back, and be sure that the property you’re going to buy is truly worth the money you’re going to pay.




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