Frequently Asked Questions
Frequently Asked Questions
| Why have my home loan with Crown Lending? |
| By having your home loan with Crown Lending you are receiving - Lowest Repayment Guaranteed - You will be debt free quicker - No Bank Fees - Discount Interest Rate - Your own personal Bank Manager - Quick Settlement. So the question NOW is "Why wouldn't you have your home loan with Crown Lending?" |
| What banking facilities will I have with Crown Lending? |
| The way you do your everyday banking will not change at all. Your salary will be deposited into your home loan account by your employer, we then help transfer a portion of that into your cheque or savings account to cover your expenses throughout the fortnight. You can have full access to both telephone and internet banking with your Crown Home Loan. |
| How long will it take to setup the facility? |
| From submitting an application to Crown Lending, it will take approximately 4-5 weeks to have the facility fully active and operating. This time frame may differ depending on the facility applied for and access to the property for valuations. |
| Can I refinance my existing home loan? |
| Yes, you can use this program to refinance your existing home loan or consolidate a number of debts into one. The savings in repayments & time will usally cover the cost involved in changing loans. |
| What if something were to happen to Crown Lending? |
| If Crown Lending was to go broke, it will NOT affect you or your loan. This is due to the fact that your mortgage is actually with Perpetual Trustees, who have also provided the funds for other companies to lend out in the past, such as: Aussie Home Loans, Macquarie Mortgages and Wizard Home Loans. Perpetual Trustees currently have well over $12 billion worth of loans on their books at the moment, so they aren't going to disappear any time soon! |
| Budget Makes Money Cents |
| Spiralling interest rates and skyrocketing petrol and grocery prices mean many Australian familes are struggling under record levels of debt. So with all the financial advice and products on offer, why do we continue to turn our backs on our financial troubles and refuse to budget?…[more] |
| Fine Print Snag Found In Mortgage Offset Accounts |
| Mortgage Offset Accounts could cut tens of thousand of dollars and several years off a home loan - but the sting is in the small print, with the costs cancelling out any potential savings for many homebuyers…[more] |