Fox Symes Home Loans Comparison

Rates and Fees verified correct on December 10th, 2016

FoxsymeslogoFox Symes offers a range of debt consolidation solutions to Australians.

Fox Symes is a specialist lender dealing with borrowers, both individuals and businesses, currently experiencing bad credit or who can not meet their current debt obligations. If you're struggling to repay your existing debts, whether it's credit cards, home loans, personal loans or something else, then you may want to consider looking at Fox Symes to help you make sense of your financial mess.

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Loan Market Home Loans Details and Application
Fox Symes Bad Credit Home Loan

Fox Symes Bad credit Home Loans offers a refinance option for borrowers who may have an adverse credit history, existing home loan arrears or been declined by another lender. Free no obligation assessment.


Can I benefit from Fox Symes?

  • Are you in arrears with their existing home loan?
  • Do you have an irregular income?
  • Can you not manage your debts?
  • Do you battle with an adverse credit history?

If you answered yes to any of the above questions then Fox Symes might be able to assist you with your financial situation.

It's important to note that Fox Symes is not your typical lender, so it's important to read the terms and conditions before you commit to anything. Don't be afraid to ask the staff there to explain every detail of your contract and what debt agreements you may be getting into in order to be eligible for one of their products.

Fox Symes at a glance

A subsidiary of FSA Group Limited, Fox Symes is listed on the Australian Securities Exchange as a public company. FSA Group Limited is one of Australia's largest debt solutions organisation.

What mortgage refinance options do I have?

If you need financial assistance then the best option is to contact Fox Symes using the 'Enquire' button above for more information. Generally speaking, Fox Symes can assist you with expert advice on your personal circumstances. If you think you can benefit from a free mortgage assessment to see how you can save money by refinancing your existing loan then the team at Fox Symes can take care of that.

When you apply for refinancing you basically apply for a new loan you then use the new loan to pay off your old one. The idea is to use a lower rate loan to refinance with so you can save on high interest rate costs.

This could be a great way to consolidate your existing debts because you can move any outstanding debt you have into the consolidated loan. Instead of having to pay higher interest on your credit card debts, personal debts and home loan you can pay one low interest, and one monthly repayment.

Refinancing allows you to:

  • Minimise the amount you owe
  • Have one convenient loan to take care off monthly
  • Pay less in interest
  • Pay off your home loan much faster than if you were to keep your existing debts

Sally and John are a typical Australian couple

Five years ago they bought their own home. But they didn't start out debt free; they had various loans from the past including a personal loan, a car loan, and three credit card debts.

As you can imagine the couple was pretty frustrated about the increased repayments and the consistent worry about finding the money to pay off their debts. They were about to fall into a bottomless pit of debt that got bigger every month.

A snapshot of their loan accounts revealed the following:

Loan Account Balance Minimum Monthly Repayment
Home Loan$425,000$2,550
Mortgage Vehicle Loan$16,500$300
Personal Loan$8,500$500
3 Credit Cards$40,000$1,200
Total$490,000$4,550

Their minimum monthly repayments at the time were $4,550.

After getting a refinancing assessment from Fox Symes Sally and John took out a new home loan for $490,000. This allowed them to consolidate all their existing debt into the new loan.

On top of this they now only have to pay one monthly repayment AND they are saving a whopping $1,300 per month.

Want to speak to Fox Symes about your options?

If you would like to find out more information or discuss your eligibility with Fox Symes, please click on the 'Enquire' button to request a call back from one of their consultants.

You'll need to be an Australian resident to be eligible for any loans offered by Fox Symes and will be asked to provide a few details, such as:

  • Type of debt
  • Name and contact details
  • Best time to call
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Features available with a home loan with Fox Symes.

Maximum loan amountUp to (depending on your loan and financial situation)
Loan-to-Value Ratio (LVR) LVR
Split loan facilityyes
Ongoing feesNo
Loan portabilityyes
Repayment flexibility*yes
Extra repaymentsyes
Re-draw extra funds**yes
100% offset accountyes
Online account accessyes

*You can pay your repayments weekly, fortnightly or monthly.

**You can re-draw all excess monies paid (the money you paid on top of your scheduled repayments).

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This page was last modified on 12 September 2016 at 16:55.

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14 Responses to Fox Symes Home Loans Comparison

  1. Default Gravatar
    Stephanie | March 17, 2015

    Good morning,

    I currently have a contract with Fox Symes. My contract is due to be paid off in full in 2016.

    I have a question in relation to a motor vehicle I am struggling to get my head around.

    My vehicle is currently salary sacrifice at the moment and i am wanting to sell. My pay out figure for the vehicle is $10,000.
    The vehicle is also worth $10,000.
    My question is, if I get rid of the vehicle is there any chance in the meantime I am able to obtain a $5,000 loan for another motor vehicle?

    Regards

    • Staff
      Shirley | March 18, 2015

      Hi Stephanie,

      Thanks for your question.

      Your chances of obtaining a car loan will depend on your financial and personal situation. This will also depend on the contract that you currently have with Fox Symes.

      To get a standard car loan, you typically need a good credit history and be in full time employment. If you would like to discuss your eligibility or options, please get in touch with a lender featured on this page.

      All the best,
      Shirley

  2. Default Gravatar
    Leanne | January 28, 2015

    I have just finished paying a bad debt consolidation, I’m thinking about trying to get a loan to buy some land, I’m not sure if this is possible ….could you please give me some advise…thank you…leanne

    • Staff
      Shirley | January 29, 2015

      Hi Leanne,

      Thanks for your question.

      A good place to start is to check your credit file to see where you currently stand. If you have a good credit standing this opens up a lot of your options.

      However, if you find that your credit is still in a bad standing you may want to approach a lender that specialises in these type of loans. On our panel of lenders we have Pepper and Fox Symes who may be able to assist.

      You may also want to speak to a certified mortgage specialist, they’re home loan experts who can help you find the right loan for your situation.

      Cheers,
      Shirley

  3. Default Gravatar
    kim | May 8, 2014

    can you get a mortgage if you have been in bankruptcy

    • Staff
      Marc | May 8, 2014

      Hi Kim,
      thanks for the question.

      People who have been bankrupt in the past can definitely get home loans, but it will depend whether they’re still considered a ‘discharged’ bankrupt or not. Usually from when you become bankrupt to when you are no longer considered a discharged bankrupt is five years. During this time it’s extremely difficult to obtain finance, so you may want to wait until after this discharged bankrupt entry is removed from your credit file. I’d recommend obtaining a copy of your credit file to find out if this will be a limiting factor when applying for a home loan.

      I hope this helps,
      Marc.

  4. Default Gravatar
    matthew | May 1, 2014

    Is it possible to consolidate all my loans under you. this includes my home loan of 142000/my car loan of 12000/ and a bike loan of 12000. my house has been revalued at 179000 my average yearly wage is 63000

    • Staff
      Shirley | May 2, 2014

      Hi Matthew,

      Thanks for your question.

      Finder.com.au is a comparison service, unfortunately we don’t handle the applications ourselves and so cannot comment this. Please enquire with Fox Symes directly.

      Cheers,
      Shirley

  5. Default Gravatar
    T | January 21, 2014

    Credit Part 9 with you guys before but now I would like to obtain a home loan ($550,000) house and land package), paid off to Fox Symes, combined income with partners, thanks.

    • Staff
      Marc | January 21, 2014

      Hello T,
      thanks for the question.

      We’re a comparison service, meaning we don’t manage any of these products on Fox Symes’ behalf. You might wish to contact Fox Symes directly regarding a new home loan. You can do this by clicking the ‘enquire’ button in the table above to request a call back, or by calling them directly.

      I hope this helps,
      Marc.

  6. Default Gravatar
    lacey | November 22, 2013

    how much deposit would i need on $270,000?

    • Staff
      Marc | November 22, 2013

      Hello lacey,
      thanks for the question.

      This will depend on the specific loan. Most loans will limit the amount you can borrow to 80% of the property value, or up to 90% if you’re prepared to pay lender’s mortgage insurance. For a purchase price of $270,000 and 80% limit would mean you’d need a deposit of $54,000.

      I hope this helps,
      Marc.

  7. Default Gravatar
    Mine | August 2, 2013

    We are self-employed. We cannot produce high income tax assessment. Can we apply re-finance?

    • Staff
      Shirley | August 2, 2013

      Hi Mine,

      Thanks for your comment.

      finder.com.au is an online comparison service so we’re not affiliated with Fox Symes, it may be best to enquire directly.

      Hope this helps,
      Shirley

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