Leo Full Doc Clear 80% Leo Full Doc Clear 80% <$1M
4.89%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 Construction, Investment, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 0 - 30 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
- 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
- 0 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
- Ongoing Yearly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Suitable for clear or credit impaired PAYG borrowers For purchase, re-finance and investment purposes (personal or business) Unlimited debt consolidation, payout ATO debt, business debts Company or trust acceptable Refinance private lenders and other alt doc loans Unlimited consolidation over limit and past due payments considered Mature applicants considered if servicing evidence from Pension or Super payout supplied Construction and Vacant Land available Cash out unlimited including for working capital Refer to product guide for information on: Highrise and Serviced apartments, rural properties, additional servicing requirements, security and construction
No LMI or Risk fee payable. Construction loans available for category 1 & 2 locations up to 70% LVR with minor credit impairment
Establishment Fee: Standard Full Doc From 1.25% of loan amount. Valuation mininum $330 paid upon application. Quoted fee is based on max loan. Rural From 1.25% of loan amount Construction 1.75% of loan amount Lenders legals paid by borrower Loan Settlement Fees $145 title insurance $130 electronic file fee $120 settlement disbursement fee