Other Finance Options

Emily Rose Homes works with mortgage brokers who offer a broad range of traditional home loan solutions to match your unique financial situation and building goals in Perth.

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Flexible Deposit Requirements

Our network of lenders provides varied deposit options to suit different financial circumstances:

 

  • 2% deposit options (with specific eligibility requirements)
  • 5% deposit loans (may require LMI)
  • 8-10% deposit solutions (reduced LMI costs)
  • 20% deposit standard loans (no LMI required)

 

Our experienced building consultants and mortgage partners will assess your position to recommend the most advantageous structure when building a home.

Variable Rate Home Loans

Variable rate loans offer flexibility and responsiveness to market conditions

 

Key Benefits

  • Rates adjust based on Reserve Bank of Australia (RBA) cash rate movements
  • Access to valuable features like offset accounts and redraw facilities
  • No early repayment penalties
  • Ability to make additional repayments without fees
  • Option to split loans between fixed and variable portions

 

Considerations

  • Monthly repayments may increase if interest rates rise
  • Requires budgeting for potential payment fluctuations

Fixed Rate Home Loans

Fixed rate loans provide certainty and stability for more predictable financial planning

 

Key Benefits

  • Locked-in interest rate for 1-5 year terms
  • Protection from rising interest rates
  • Consistent repayment amounts for easier budgeting
  • Peace of mind during construction and initial homeownership

 

Considerations

  • May miss out on savings if market rates decrease
  • Early repayment or breaking the fixed term may incur significant costs
  • Some fixed loans offer fewer features than variable options
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Split Loan Options

Many Perth home builders recommend split loans, which allow you to divide your mortgage between fixed and variable components, giving you:

 

  • Partial protection against rate increases
  • Access to variable loan features
  • A balanced approach to mortgage management

 

Our building brokers can help determine the optimal split ratio based on your financial goals and market outlook.

Learn More

For additional information about home loan options:

 

 

Ready to explore the best financing options for building your Perth home? Contact Emily Rose Homes today for personalised guidance from our team of independent building consultants.

Information current as of March 2025. Loan products, features, and interest rates are subject to change. Please consult with our mortgage specialists for the most current options.

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