Clean Slate Fully Verified Clear Clean Slate - Fully Verified Clear - LVR <85% (Principal & Interest) (Owner Occupied)
6.49%p.a Standard Variable
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 Line of Credit, Equity, 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
- 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 Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Discounts apply for fixed rate. LOC loadings apply. Large loan loadings apply for loans above $1.5M. Refer to Product matrix for more information. Suitable for full time, part time and contract employment. ABN Clean Slate - 24 months, Lite Blue - 12 months, Business Easy 3 months. GST registered 1 day Acceptable income evidence: PAYG - last 2 payslips and 3 months bank statements Self employed - Clean Slate - 1 year tax returns or NOA and 6 months business and 3 months personal bank statements Lite Blue - 6 months BAS or business bank statements or accountants letter plus 3 months personal statements Business Easy - 3 months business and 3 months personal bank statements Arrears, late payments and overlimits - unlimited, refer to credit impairment table (pg 2 of Product Matrix) Defaults, writs and judgements ignored, more than $1K within 24 months unlimited, refer to credit impairment table Cash out up to $200K dependent on credit impairment level Security type - residential only, up to 5 acres for rural residential and lifestyle security LOC period 5 years, maximum loan $500K Must be a permanent resident residing in Australia. Fixed interest rates available, refer to page 3 of Product Matrix.
Risk fee replaces LMI. Risk fee can be capitalised to the loan amount not exceeding the maximum LVR of the product. Refer to Product Matrix for risk fee rates.
Title insurance up to $750K from $350, more than $750K requires quote Valuation fee up to $1M free, more than $1M requires quote Fees can be capitalised for all loans excluding discharge fees. Subject to the total loan inclusive of fees, not exceeding maximum LVR or credit impairment level for each product. Refer to Product Matrix.