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Full Doc // LoDoc // Self Certified // NoDoc |
INTEREST TYPE |
Variable Interest Rate |
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Term loan / 100% Offest / Line Off Credit (LOC) / Visa. Available for construction. |
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A simple loan where regular repayments reduce the balance of the loan. An interest only preiod of 5 or 10 years is available. Maximum term of the loan is 30 years. |
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Use the loan to purchase or construct a home or investment property, or to access the equity in a property for any worthwhile personal or investment purpose. |
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Owner-occupiers or investors. Also individuals, companies or trusts. |
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FULL DOC
Minimum: $50,000
Maximum: $2,000,000 |
LO DOC
Minimum: $50,000
Maximum: $2,000,000 |
NO DOC
Minimum: $50,000
Maximum: $2,000,000 |
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Full Doc available up to 97% (term) and up to 95% (LOC) and up to 100% for construction loans (term). |
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Funder pays if LVR <80% and loan amount <$750,000. Borrower pays or capitalised to the loan amount. LMI capitalised to loan amount on Lo & No Doc Loans. |
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An income test applies. |
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Some fees applicable monthly or annually. Unlimited free phone (IVR), internet, EFTPOS, biller payments and cheques per month. Fee free on ATM's up to 5 transactions per month - additional ATM transactions $1.20 each. Over the counter transactions incur a $2 fee. |
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Salary crediting to the offset account or direct from pre-nominated bank account (does not apply to construction loans) |
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This option is available to pay off loans more quickly plus redraw up to the loan balance limit for the term of the loan. |
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Choose to split loans into a fixed portion (post-settlement) from $10,000 and variable portion (pre-settlement). |
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Selection of interest rate: Subject to approval, borrowers with a variable interest rate loan can elect to move to a fixed interest rate loan. Offset accounts will not apply during fixed term. Portability available on all loans, subject to approval. |
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SIMPLY FILL IN THE APPLICATION AND SEND TO:
FAX: 1300 789 452 OR
MAIL: P.O.BOX 189, Mitcham VIC 3132 |
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