|
| Key Features |
95% LVR |
| |
Minor Impairments |
| |
Full Doc Available |
| |
Up to $1,000,000 |
| |
Serviced Apartments |
| |
Studio Apartments |
| Variable Interest Rate |
p |
| Fixed Rates available |
X |
| Available Australia wide |
p (Post Code Restrictions) |
| Minimum Loan Size |
$50,000 |
| Maximum Loan Size |
$1,000,000 |
| Maximum Loan to Value Ratio with Mortgage Insurance |
95% |
| Capitalisation of Mortgage Insurance available |
X |
| Mortgage Insurance payable by Borrower |
p |
| Additional Payments without penalty |
p |
| Redraw Facility |
p |
| Cost for Redraw |
$0 |
| Minimum Redraw (manual only) |
$2000 |
| Split Loan Available |
p |
| Number of Splits available |
4 |
|
| Purchase / Refinance Owner Occupied Home |
p |
| Purchase / Refinance Investment Property |
p |
| Debt Consolidation |
p |
| Property Renovation / Improvement |
p |
| General Investment Purposes |
p |
| Business Purposes |
p |
| Construction fixed price contract |
X |
| Construction investment owner builder (max 50% LVR) |
X |
|
| Establishment Fee |
$350 |
| Application Fees |
$330 (Refund at settlement) |
| Valuation Fee |
$245 (Standard Valuations) |
| Legal Fees |
$407 (Ex Disbursements) |
| Mortgage Insurance all LVRs |
p |
| Ongoing Fees |
$6 per month |
| Statements |
6 monthly |
| Full Internet Account Management |
X |
|
| Principal and Interest |
p |
| Interest Only |
p |
| Interest Capitalisation |
X |
| Maximum Interest Only Option |
5 Years |
|
| Monthly |
p |
| Fortnightly |
X |
| Weekly |
X |
| Direct Salary Credit at any time |
p |
| Maximum Loan Term |
30 Years |
|
| Individuals |
p |
| Companies & Trusts |
p (non code only) |
| Standard Residential |
p |
| 1 Bed Studio apartments (Min 40m2) |
p |
| Serviced Apartments (Min 40m2) |
p |
| Multi Dwellings on one title (Max 4 dwellings) |
x |
| High Density (Min 40m2 in capital cities, 50m2 other areas) |
p |
| Multilevel building (up to 9 levels) |
p |
| |
| Competitively priced full featured term loan |
p |
| Personal access to Customer Service |
p |
| Generous security property parameters |
p |
| Optional Cheque book available on line of credit |
x |
| Fully interactive account management |
x |
| Any worthwhile loan purpose including business purposes |
p |
| No Establishment, ongoing or transaction fees |
x |
