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Loan Purpose

 

  • Owner Occupier or Investment Property purchase

  • Refinance less attractive mortgage facilities and other loans

  • Debt consolidation and aquisition of major family items

  • Access existing equity for any worthwhile purpose

  • Minimum loan amount $100,000

Security

Registered first mortgage over Owner Occupied and Investment residential properties

Loan to Valuation Ratio

We will lend up to 95% of property value, subject to acceptance by Lenders' Mortgage Insurers. (95% is also selectively available for Refinancing and Investment loans)

Interest Rate Options
  • Variable Rates

  • Line of Credit (which may be combined with above)

  • Interest is calculated on the daily outstanding balance and debited monthly in arrears

Other Fees & Charges
  • Mortgage stamp duty where applicable

  • Valuation fee may apply (usually $220) 

  • Registration of new mortgage (and discharge of existing mortgage where re-financing)

  • Mortgage documentation costs, title search fees and minor legal disbursments

  • Lender's mortgage insurance payable where loan to valuation ratio exceeds 80%

  • Discharge fees will apply when loan is repaid

  • Break costs may be incurred where Fixed Interest Rate loans are repaid before expiry

All-round built in Flexibility
  • No Loan Application fees charged

  • Redraw facility at no charge (excl. construction loans) with BPay option

  • Principal and Interest repayments or Interest only

  • Weekly, fortnightly or monthly payment intervals by Salary deduction or Direct Debit

  • Separate loan accounts can be established for tax purposes, differing repayment structures etc

  • Access loan account data including redraw through this website or by phone on our Loan Service Line

Maximum Term

30 years

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