Registered 1st mortgage for owner occupied or investment purchase, refinance or debt consolidation.
Exclusions -Loans to repay director’s loans provided by their own company or loans to assist with the purchase of a start up business which the applicant will be operating.

Self employed borrowers (ABN for 1+ year & registered for GST) or self employed & PAYG borrowers who can provide standard income evidence for the last two financial years.  Company borrowers acting as trustee ok. No loans with sole company borrowers are permitted. Clear credit history is not essential. Self employed borrowers have the option of self certifying their income.

$50,000 to $2,500,000 (Subject to geographical area & normal lending parameters)

Maximum LVR 90% LVR ( Max LVR also varies with location & credit category)

Minimum 7 years  up to maximum of 40 years

Principal and interest, no interest only option. Interest is calculated daily on outstanding balance. Additional repayments may be made at any time.

A fee of $25 applies and the minimum redraw allowable is $1,000.

Download a statement for free at any time via your internet banking. Statements are also posted bi-annually (end of year & end of financial year)

Registered 1st Mortgage over your residential/rural residential owner occupied or investment property. Vacant land considered to 80% LVR. Minimum 50msq maximum of 5 acres. 

Applicable during the first 36 months of loan duration. Equal to 4 times notional monthly interest.

No ongoing or application fee. $990 completion fee (per single security). Loan Risk Fee 0.5% to 80% LVR, 1.5% to 85% LVR, 2% to 90% LVR.

Not applicable

Borrowers with loan arrears, credit defaults & discharged bankrupts will all be considered on a case by case basis. Defaults under $500 & those paid more than two years ago are disregarded. Paid and unpaid telecommunication, utility and municipal rates defaults will be ignored, however must be cleared at settlement.

Yes. Transfer your loan to another suitable security property in the event you sell your existing security property. Simultaneous settlement must occur. Fees & charges may apply