Flexi One Full Doc Plus Flexi One Full Doc Plus LVR >80% - 85%
6.58%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 85% 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, Owner Occupied, and Vacant Land 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
- Non Conforming
- 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
- Credit Card
- Internet Banking
- Telephone Banking
- 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
Suitable for PAYG and self-employed borrowers 6 months with employer and or 6 months in second job For purchase, refinance and investment Debt consolidation (including ATO debts and Accountants debt) Any number of defaults or judgments permitted if registered more than 24 months prior to application, paid or unpaid. Cash out: Unlimited cash out up to 90%. Where <70%, purpose needs to be verified by a statutory declaration only. Where >70%, must be verified by quotes etc. if >10% of loan amount. Limited to 20% of total LVR if >85% Refinance: From all lenders (including non-conforming, solicitors and private loans) permitted provided at least 6 months loan statements are provided Refer to product guide for Credit history and Security type and location.
Risk fee replaces LMI. Risk fee payable regardless of LVR. Refer to product guide for further information.
Est fee includes one standard valuation to $275. Other fees $400 is Title insurance fee. Legal fees from $440 plus disbursements.