|
Loan Amount
- Minimum |
$50,000 |
|
Loan Amount - Maximum |
$1,000,000 |
|
Rate Type |
Variable or Fixed (no cost
to switch to fix) |
|
Repayments |
Principle and Interest only
Monthly or Fortnightly
Salary Crediting or Direct Debit |
|
LVR – Maximum |
97%
to $600,000
95%
to $750,000
90% to $1,000,000 |
|
Conditions |
Borrowers must be in their current employment for a minimum period of twelve (12) months & employed for a Minimum of twenty Four (24) months in the same/or
similar field. |
|
Loan Term |
Minimum 15
years
Maximum 40 years |
|
Redraw Available |
Yes |
|
Split Loan Available |
No |
|
Lenders
Mortgage Insurance |
Payable only
if LVR more than 80% or loan amount greater than $750,000. |
|
Fees |
- Monthly Fee
- Application Fee
- Settlement Fee
|
$Nil
$600 (inc. valuation fee for one security)
$379.50
|