MacLean Finance Uses Active Money to Allow Mortgage Loan without Deposit or Down Payment

Burwood East, Victoria (PRWEB) June 12, 2008 -- MacLean Finance has managed to break down barriers in the housing market. By securing loans without a deposit or down payment, they have opened the doors to many who had been unable to buy a new home. They have just announced a major breakthrough in this process.

MacLean Finance Pty Ltd (www.macleanfinance.com) offers their service to a multitude of people, including first time home buyers. By using active money for a home loan, buyers can have 100% of their new home financed with an unsecured loan. MacLean Finance Pty Ltd has boasted having the first successful case study with this new financial system. The participants in the conducted case study were Charles and Alison. Charles and Alison had $1800 in the bank in the beginning of the home buying process. With MacLean Finance Pty Ltd and Active Money, they were able to purchase a home without putting any money down. The company points out that Charles and Alison would not have been able to purchase a home under different circumstances with a different product. MacLean Finance Pty Ltd expects other prospective homeowners to quickly follow Charles and Alison's lead. The company has stated that Australian residents only need $2000 in order to use Active Money. With that $2000, the company will work to secure a home loan for the individuals. MacLean Finance Pty Ltd is very excited about the idea of putting more people into homes. They feel that the Active Money system will help jump start the market and open doors for people who did not think they could become home owners. MacLean Finance Pty Ltd believes that prospective homeowners have more opportunities than ever before and will take advantage of those opportunities. The company feels this is just the beginning of what Active Money has to offer. As a new agent, they believe this process is on the rise. They have stated that this product is capable of solving all of the difficulties that first time home buyers often face. Without the need for a deposit, MacLean Finance Pty Ltd is confident that even more people can apply for home loans and become free from renting.

William MacLean founded MacLean Finance Pty Ltd in order to be able to meet with his customers on a personal level. With 27 years of experience as a financial consultant, he has strong established relationships with all the major lenders. MacLean Finance Pty Ltd works with individuals and businesses to help them get the best loan matching their needs. Burwood East

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