Professional package is suitable for people who are looking for borrowing over $250,000 and looking for more features than just a home loan.
This type of loan generally offers lower interest rate but the annual fee of $300 to $400 may be applied. Professional package also offers other features such as credit card facilities or insurance.
The advantage of using the professional package is that it offers more discount on interest rate from 0.5 per cent to 0.9 per cent for variable rate and 0 per cent to 0.25 per cent for fixed rate. Further discount will be given to those who borrow more than $500,000; $750,000 and $1 mil.
With the professional package, the application fee and other associated fees such as valuation fees, loan split fees or switching fees can also be waived.