Features

Key Features

FHOG processed by ACS

Mortgage Insurance capitalised to 100%

Variable Interest Rate

Fixed Rates available

p

Available Australia wide

p (Restrictions)

Minimum Loan Size

$50,000

Maximum Loan Size

$500,000

Maximum Loan to Value Ratio with Mortgage Insurance

97%

Capitalisation of Mortgage Insurance available

p (up to 100%)

Mortgage Insurance payable by Borrower on all LVRs greater than 80%

p

Additional Payments without penalty

p

Mortgage Insurance payable by Borrower on all LVRs greater than 80%

p

Additional Payments without penalty

p

Redraw Facility

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Cost for Redraw

$0

Minimum Redraw (manual)

$2000

Minimum Redraw (internet)

$0

Split Loan Available

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Number of Splits available

4

Limited Genuine Savings

3% over 6 months

Purpose

Purchase / Refinance Owner Occupied Home

Purchase owner occupied only

Purchase / Refinance Investment Property

x

Debt Consolidation

x

Property Renovation / Improvement

x

General Investment Purposes

x

Business Purposes

x

Construction fixed price contract

x

Construction investment owner builder (max 50% LVR)

x

Vacant Land – No Loading

x

Set up Costs

Establishment Fee

$0

Application Fees

$330 (Refund at Settlement)

Valuation Fee

$245

Legal Fees

$407 ( Ex Disbursements)

Ongoing Fees

$0

Statements

6 Monthly

Full Internet Account Management

p

Payment Options

Principal and Interest

p

Interest Only

p

Interest Capitalisation

x