Use your loaning power to your advantage
by knowing your loaning options.
What's a Variable Rate Loan?
The variable rate loan offers more features and flexibility than the basic or “no frills” loan, so the rate is usually slightly higher.
What's a Fixed Rate Loan?
Fixed rate loans are set at a fixed rate for a specified period – usually one to five years. The advantage of allowing you to organise your finances and repayments without the risk of rising interest rates is offset by the disadvantage of not benefiting from a drop in rates.
At Majestic Finance, we pride ourselves on delivering a unique service to our customers that's rare to find in the mortgage broker industry; total honesty. We put the customer first, and we offer complete transparency from the start so you are informed at every step of the way. You are in the right hands with your variable or fixed rate loan.