True Blue Expats Full Doc Standard Variable True Blue Expats Full Doc Standard Variable (Principal & Interest)
5.14%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 90% 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.
- 0 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
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
- 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 Yearly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Lending for Expats Acceptable purposes: purchase of an existing residential property, home improvement, refinance existing mortgage, debt consolidation, equity release or cash out Principal and Interest repayments only Not available for Permanent Residents Australian Citizens only Construction or Vacant land unavailable Additional repayment unlimited for variable rate only, not available for fixed rates Employment and Income: PAYG (Permanent full time) or Part time employment Contract employment Casual employment Refer to product guide for: Additional requirements, Translation of documents, Unsuitable country list
Customer pays LMI when LVR >80%. LMI can be capitalised above 90%. Max Loan amount varies based on security location.
Owner-Occupied property Purchase 5% genuine savings required as a minimum deposit for loans with LVR in excess of 85% Investment Property Purchase 10% genuine savings required as a minimum deposit for loans with LVR in excess of 85%
Establishment fee (MUST be paid at application) includes one standard valuation to $275 Translation Fee (if applicable, MUST be paid at application) - starting from $300 minimum Split Fee - $100 Additional Valuations - $325 each, standard valuations only. Properties over $500K or in remote areas may incur additional fees Discharge Administration Fee - $290 Administration Fee, Legal (preparation) Fee $308