Premium Specialist Clear Full Doc Premium Specialist Clear - Full Doc LVR >70 to 80% (Interest Only) (Owner Occupied)
5.94%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.
- 15 - 30 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.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Suitable for PAYG and self-employed borrowers, clear or credit impaired, fully verified owner occupier or investment borrowers. For purchase, re-finance and investment Alt Doc option to supply one of either: Last 2 quarters BAS OR 3 months Trading Statements Maximum exposure multiple loan facilities available up to maximum individual limit of $2M gross security value Security and location: Most metropolitan and regional centres, rural residential properties up to 25 acres considered, residential units. Cash out: Up to 80%. No documentary evidence required up to 80%, business purpose and payout ATO debt acceptable. Refer to product guide for: Credit impairments, Additional valuation requirements and Income requirements
Risk fee replaces LMI. Risk fee is payable on all loans regardless of LVR. Refer to rate sheet for more details.
Establishment fee includes one standard valuation to $290 (<$1M) $525 (>1M). Quoted Est fee is for >$1M. Settlement fee includes title insurance and lenders legals. Exit fee includes $300 discharge and $308 discharge preparation and attendance fee.