Owner-occupied or investment property purchases, re-financing existing residential or investment or business loans.

Loan size

From $50,000 to $750,000

Delivery rate

Five basis points lower than standard pricing.

Term

Up to 30 years.

Repayments

Principal and interest or interest only for 2, 3, 5 or 10 years

Frequency

Weekly, fortnightly or monthly. Extra repayments can be made on variable-rate loans at any time.

Convert to fixed rate

All or part of the loan can be converted to a fixed rate at any time at a cost of $250.

Split loan facility

Up to two separate splits per facility. transfer funds between splits using Inter-Account Payment facility available.

Redraw facility

Unlimited redraw. Minimum redraw of $500 when using Loan Service line or Loan Service Net for all variable rate loans. Redraw fee applies.

Pay anyone

Available via upgrade to a Standard product (conversion fee applies).

Maximum LVR

• 100% for owner-occupied loans up to $500,000 (conditions apply);

• 95% for owner occupied loans up to $650,000 (conditions apply);

• 95% for investment loans up to $300,000 (conditions apply);

• 90% for all loans up to $750,000 (conditions apply);

$500 payable on settlement.

Redraw Fee

$30 per redraw transaction.

Annual Fee

Not applicable.

Conversion Fee

$350 charged if loan is converted to another eligible loan type.

Application Fee

$550.00 application fee (Including One Valuation)

$450.00 Lenders settlement fee

Deferred Administration Fee (DAF)

If the balance of the loan is repaid in full within 60 months after the Settlement Date, the Deferred Administration Fee will be as follows:

Amount of DAF as a percentage When the loan is repaid in full: of the original loan amount:

• up to and including 12 months after the Settlement Date: 1.80%

• more than 12 months after the Settlement Date,

  up to and including 24 months after the Settlement Date: 1.60%

• more than 24 months after the Settlement Date,

  up to and including 36 months after the Settlement Date: 1.20%

• more than 36 months after the Settlement Date,

  up to and including 48 months after the Settlement Date: 0.80% and

• more than 48 months after the Settlement Date,

  up to and including 60 months after the Settlement Date: 0.50%

Security Discharge Administration Fee (SDAF)

$350 is payable on full discharge of the loan

Government & bank charges

For example, mortgage duty, registration fees and property searches.

Legal fees & disbursements

Client will pay costs associated with their own legal fees and disbursements.

• All repayments to be made by electronic direct debit only;

• Lenders Mortgage Insurance is required for all loans. Premium is payable by the borrower if the amount borrowed is greater than 80% of the value of the property (conditions apply);

• Break costs will apply to fixed rate loans if fixed rate period is being broken;

• Registered first mortgage over residential property required as security on all loans.