|
| Key Features |
Borrow 100% of Purchase Price |
| |
Capitalise all Fees & Charges up to 105% |
| |
Construction Loans up to 107.5% FHOG |
| Variable Interest Rate |
p |
| Fixed Rates available |
x |
| Available Australia wide |
p (Post Code Restrictions) |
| Minimum Loan Size |
$50,000 |
| Maximum Loan Size |
$500,000 |
| Maximum Loan to Value Ratio with Mortgage Insurance |
100% LVR |
| Capitalisation of Mortgage Insurance available |
p up to 105% LVR |
| Mortgage Insurance payable by Borrower on all LVRs greater than 80% |
p |
| Additional Payments without penalty |
p |
| Redraw Facility |
p (If under 100%LVR) |
| Cost for Redraw |
$0 |
| Minimum Redraw (manual) |
$2000 |
| Split Loan Available |
x |
| Number of Splits available |
0 |
|
| Purchase / Refinance Owner Occupied Home |
p (Code Loans Only) |
| Purchase / Refinance Investment Property |
x |
| Debt Consolidation |
x |
| Property Renovation / Improvement |
x |
| General Investment Purposes |
x |
| Business Purposes |
x |
| Construction fixed price contract |
p |
| Construction investment owner builder (max 50% LVR) |
x |
|
| Establishment Fee |
$350 |
| Application Fees |
$330 (Refund at settlement) |
| Valuation Fee (Depending on size and location) |
$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 |
x |
| Interest Capitalisation |
x |
| Maximum Interest Only Option |
x |
|
| Monthly |
p |
| Fortnightly |
p |
| Weekly |
p |
| Direct Salary Credit at any time |
p |
| Maximum Loan Term |
30 Years |
|
| Individuals |
p |
| Companies & Trusts |
x |
| Standard Residential |
p |
| 1 Bed Studio apartments (Min 40m2)* |
x |
| Serviced Apartments (Min 40m2)** |
x |
| Multi Dwellings on one title (Max 4 dwellings)** |
x |
| High Density (Min 40m2 in capital cities, 50m2 other areas) |
x |
| |
| Competitively priced full featured term loan |
p |
| Personal access to Portfolio Manager |
p |
| Generous security property parameters |
p |
| Optional Cheque book available on offset account |
x |
| Fully interactive account management |
x |
| No Establishment, ongoing or transaction fees |
x |
| Credit Card available on Line Of Credit |
x |
| Limited Genuine Savings |
p |
| Ability to Capitalise LMI within Lending Parameters |
p |
