If you’re planning to build a home or do significant renovations, a construction loan is what you’ll need. These loans are unique, offering different benefits and payment structures than regular loans.

A bridging loan is a short-term financing option that helps a borrower bridge the gap between the purchase of a new property and the sale of an existing property. It is typically used when a borrower needs to access funds quickly to purchase a new property but hasn’t yet sold their current property.

A family guarantee loan is a home loan that allows someone to buy a property without saving up a deposit. Instead, a family member (usually a parent) puts up their own property as security for the loan. This can help the borrower avoid having to pay for expensive Lenders Mortgage Insurance.

These loans can be more challenging to obtain because self-employed individuals may not have a regular, steady income like those who are employed. Self-employed borrowers may need to provide more documentation and evidence of their income and financial stability to qualify for a loan.

A low doc loan is a type of home loan for people who are self-employed or have difficulty showing proof of their income. Instead of usual paperwork, they sign a declaration about their income and assets.

If you’re a medical professional, you may be eligible for special loan packages designed for general practitioners, specialists, and even veterinarians. Usually, you’ll need to be registered with a medical association to qualify.