|
| Key Features |
1 Day ABN up to 70% Lo Doc |
| |
No LMI Premium Below $750, 000 and Below 70% LVR |
| Variable Interest Rate |
p |
| Fixed Rates available |
p |
| Available Australia wide |
(Post Code Restrictions) |
| Minimum Loan Size |
$30,000 |
| Maximum Loan Size Up to 70% 1 Day ABN |
$750,000 |
| Maximum Loan to Value Ratio with Mortgage Insurance |
70% |
| Capitalisation of Mortgage Insurance available |
X |
| Mortgage Insurance payable by Borrower on all LVRs greater than 80% |
n/a |
| Available as a Low and No Document Loan *conditions apply |
p |
| Additional Payments without penalty |
p |
| Redraw Facility |
p |
| Cost for Redraw |
$0 |
| Minimum Redraw (manual) |
$2000 |
| Minimum Redraw (internet) |
$0 |
| Split Loan Available |
p |
| Number of Splits available |
4 |
| Line Of Credit |
p |
|
| 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 |
p |
| Construction investment owner builder (max 50% LVR) |
p |
|
| Establishment Fee |
$0 |
| Application Fees |
$0 |
| Valuation Fee (Depending on size and location) |
$245 (Standard Valuations) |
| Legal Fees |
$407 (Ex Disbursements) |
| Mortgage Insurance all LVRs |
p |
| Ongoing Fees |
$0 |
| Statements |
6 monthly |
| Full Internet Account Management |
p |
|
| Principal and Interest |
p |
| Interest Only |
p |
| Interest Capitalisation |
p |
| Maximum Interest Only Option |
10 Years |
|
| Monthly |
p |
| Fortnightly |
p |
| Weekly |
p |
| Direct Salary Credit at any time |
p |
| Maximum Loan Term |
30 Years |
|
| Individuals |
p |
| Companies & Trusts |
p |
| 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 Customer Service |
p |
| Generous security property parameters |
p |
| Optional Cheque book available on line of credit |
p |
| Fully interactive account management |
p |
| Any worthwhile loan purpose including business purposes |
p |
| No Establishment, ongoing or transaction fees |
p |
