Capital Specialist Uber Capital Specialist Uber LVR >70% to 80% (Intererst Only)
5.29%p.a Standard Variable
About Better Mortgage Management
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 80% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Equity, Investment, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 10 - 40 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
- Not Required
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Internet Banking
- Telephone Banking
- Credit Card
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 5 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
- Ongoing Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Interest Only option available for Investment only. All identification documents must be certified to be acceptable for this loan. Suited to PAYG and self-employed borrowers (Full doc or Alt doc) - For purchase, re-finance and investment - Unlimited cash out up to 80% LVR Business Purpose OK - 2 year ABN (registered for GST where required) - Alt Doc option to supply one of either: Accountants declaration or Last 2 quarters BAS or 6 months trading statements Security Type and Location: - Major Metro Only - No Apartments Cash Out Policy: - Unlimited cash out up to 80% LVR - Where cash out is >$250K, a statutory declaration as to the purpose of the funds will be required Vacant land and Construction: Unavailable, please see Capital Specialist Plus or New Start loans for vacant land option Redraw: Available, minimum redraw amount $2000 (via Phone and email). $25 redraw fee. No internet access or ATM access. Statements issued 6 monthly Refinance Policy: Refinances from all lenders (including non-conforming, solicitors and private loans) are permitted on condition that at least 6 months loan statements are provided. Most recent statements on all existing mortgage facilities. More information may be required to prove benefit or suitability. Additional Processing Requirements: Alt Doc Criteria: option to supply TWO of either - Accountants declaration - Last 2 quarters BAS - 6 months trading statements
No LMI premium payable Risk Fee can be capitalised up to & inclusive of maximum 80% LVR
Risk fee 1.50% of loan amount. Full Establishment fee is payable at or prior to full approval. Legal Fees include admin and title insurance fees. Establishment Fee: $350 payable at application. Includes credit for valuation costs up to $275. Additional valuation costs may apply when valuation ordered or prior to full approval.