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To understand what the best loan is for you, you first need to understand the types of loans that are available.

This sections aims to give you a quick understanding of:

  • The main loan types
  • How they work
  • Their features
  • When they are used
  • Any limitations or simple tips

It is important to understand these concepts as within your overall mortgage the best strategy for you may involve a combination of the loan types.

We also strongly recommend that you read the section ‘Structuring your loan’ in the ‘Tips & Traps’ section of our website before organising to sit down with a Creative Finance Consultant to work out what is the best package for you.