|
| Key Features |
25 Years |
| |
LMI Not Applicable |
| |
Large Loans |
| Variable Interest Rate |
p |
| Fixed Rates available |
p |
| Available Australia wide |
p |
| Minimum Loan Size |
$100,000 |
| Maximum Loan Size |
$5,000,000 |
| Maximum Loan to Value Ratio |
90% |
| Capitalisation of Mortgage Insurance available |
n/a |
| Mortgage Insurance payable by Borrower on all LVRs greater than 80% |
n/a |
| Additional Payments without penalty |
p |
| Redraw Facility |
p |
| Cost for Redraw |
$0 |
| Minimum Redraw |
$5,000 |
| Split Loan Available |
p |
| Number of Splits available |
2 |
|
| Purchase / Refinance Owner Occupied Home |
X |
| 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 |
From 0.5% |
| Application Fees |
See Establishment Fee |
| Valuation Fee* |
0.10% Upon Application |
| Legal Fees* |
0.10% |
| Mortgage Insurance all LVRs |
n/a |
| Ongoing Fees |
n/a |
| Statements |
p |
| Full Internet Account Management |
X |
| Bpay |
X |
| ATM Access to redraw funds |
X |
| EFTPOS Access to Redraw funds |
X |
| Deposit Card |
X |
| Fees for ATM, EFTPOS and Internet transactions |
n/a |
| 100% Mortgage Offset account available |
X |
| * Indicative Only – Subject to complexity of ownership structure and nature of security. |
|
| 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 |
X |
| Maximum Loan Term |
25 Years |
|
| Individuals |
p |
| Companies & Trusts |
p (non code only) |
| Standard Residential |
p |
| 1 Bed Studio apartments (Min 40m2) |
|
| Serviced Apartments (Min 40m2) |
Max 60% LVR |
| Multi Dwellings on one title (Max 4 dwellings) |
|
| High Density (Min 40m2 in capital cities, 50m2 other areas) |
|
| |
| Personal access to Portfolio Manager |
p |
| Generous security property parameters |
p |
| Optional Cheque book available on offset account |
x |
| Fully interactive account management |
x |
| ATM & EFTPOS access to additional repayments |
x |
| Any worthwhile loan purpose including business purposes |
Non Regulated Only |
| No ongoing or transaction fees |
p |
