Adelaide Bank Mortgage Company
One of the leading financial institutions in Australia today is the Adelaide Bank Mortgage Company. Because it values its integrity and reputation, Adelaide Bank Mortgage Company is dedicated to staying open and honest to its clients and customers. The head office of Adelaide Bank Mortgage Company is situated in 169 Pirie Street in Adelaide, South Australia. Adelaide Bank Mortgage Company has several branches and outlets all over Australia.
Although the Adelaide Bank Mortgage Company was founded in South Australia, more than 75% of its loans are made outside South Australia. Adelaide Bank Mortgage Company is also considered as one of the largest margin lenders in Australia today. One of Adelaide Bank Mortgage Company's goals is to be enlisted in the Australian Securities Exchange (ASX).
Adelaide Bank Mortgage Company History
On the 1st of January in 1994, Adelaide Bank Mortgage Company was formed from the Co-operative Building Society of South Australia Limited. The Co-operative Building Society of South Australia Limited used to be the biggest building society in Australia. Adelaide Bank Mortgage Company agreed to a merger with Bendigo Bank on the 9th of August in 2007. The Federal Court made the merger official on the 16th of November in the same year. Adelaide Bank Mortgage Company conisders changing its name to Bendigo and Adelaide Bank Limited.
Adelaide Bank Mortgage Company Home Loans
The eight different types of home loans offered by Adelaide Bank Mortgage Company are Term Loans, Mortgage Tamer Home Loans, Greatsaver, HomeBuyer Power, Lo Doc Express, Building Loans, Go-Between Loans, and Investor Power. Below is a list of loans and features from Adelaide Bank Mortgage Company:
- Term Loans - features a fixed or variable rate option
- Mortgage Tamer Home Loans - includes the benefits of a 100% offset
- Greatsaver - features low interest rates and basic loan features
- HomeBuyer Power - includes a line of credit variable rate loan
- Lo Doc Express - requires very little paperwork submission
- Building Loans - involves flexibility for debtors who are constructing a residential property
- Go-Between Loans - allows the purchase of a new home before the selling of the existing one
- Investor Power - features a line of credit with a limit manager