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Dencorp Financial Solutions Pty Ltd

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Dencorp Financial Solutions Pty Ltd

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There are different types of loans for varying circumstances. At Dencorp Financial Solutions we help you through the maze of bank jargon and confusion to help determine what’s right for your needs.

The following table is a general guide only to help you understand the various loan types.

Standard Variable


A Standard Variable Loan is usually more flexible than other types of loans. The interest rate can vary through out the term of the loan - both up and down. The term is usually 25 to 30 years.

Basic ‘No Frills’


A Basic Variable Loans generally has a lower interest rate than the standard variable but with fewer features and less flexibility. Like all variable loans, the interest rate and your repayments can vary over the term of the loan.

Introductory Offers


Introductory offers or honeymoon rates usually offer low rates to attract new borrowers. This rate normally lasts for a period of twelve months. Rates can be fixed, variable or capped. After the introductory period, the loan generally reverts to the standard variable rate.

Fixed Loans


A Fixed Rate Loan is exactly that. The interest rate is fixed for the term of the loan - usually between one and 5 years. This can be beneficial if you want the security of knowing that your repayments will remain the same for the duration of the fixed period.

Line Of Credit


A Line of Credit is an interest only variable rate loan allowing access to funds whenever you need them. Interest rates tend to be lower than for credit cards or personal loans.

100% Offset


100 per cent offset accounts are a separate savings account attached to your home loan. Any money you put in the offset account is deducted from your loan balance before interest is calculated, saving you interest on your loan, thus shortening the term of your loan.

Specialist Lending


Borrowers who have been refused finance for not meeting traditional lender’s criteria, Specialist Lending or Non Conforming loans offer applications such as self employed, contract workers, seniors or even credit impaired, the opportunity to obtain a loan where otherwise they might not qualify.

Commercial Loans



Finance for Commercial property (non residential) fits a completely different set of lending criteria and guidelines. Ranging from competitive 1-5 year and 15-20 year loans for commercial, investment and owner-occupied business clients.

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