Balanced Home Line Balanced Home Line (Owner Occupied)
4.98%p.a Standard Variable
About Pioneer Mortgage Services
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 95% 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, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 0 - 25 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
- 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 Monthly.
- Interest Only Option
- Max Interest Only
- 10 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
The Balanced Homeline is a Line of Credit facility that may suit a wide range of clients as it offers the flexibility of principal and interest or interest only repayments. Funds can be accessed via an optional VISA card and/or Cashcard. Features: -Max LVR 95% including LMI -Maximum 10 years Interest Only -Cashcard and/or VISA credit card access available -VISA credit card can be secured (terms and conditions apply) -Telephone and Internet Banking available -Repayment not required if sufficient funds available in redraw (conditions apply) -Bridging finance available up to 85% LVR (includes construction) Loan Term: - Max 25 years -10 years interest only, converting to P&I for the remainder of the term. Repayment Options: Direct Debit, Salary Credit, Cheque deposit, Cashcard, Phone & Internet banking Debit Card: -Yes - Cashcard -Secured/unsecured VISA credit card may also be available (terms and conditions apply) (refer to product guide for more information) -Secured VISA credit card only available if sold in conjunction with a Balanced Homeline product -Card can be used at all ATMs (fees may apply if a non Bendigo, Adelaide Bank or Suncorp Bank ATM is used) -$20 rebate for transaction fees provided for every statement period. Excess transactions fees are $2 each -BPay, Bendigo & Adelaide Bank & Suncorp ATMs, Express Line, Online Banking transactions are fee free
Max LVR 95% including LMI for owner occ (when LVR exceeds 90% loan must be P&I, Owner Occupied security, purchase only and minimum serviceability ratio is 1.2:1) 90% for Investment purposes. Bridging finance available up to 85% LVR (includes construction) Max Loan amount is Unlimited (may be restricted by LVR or LMI). Please refer to your BDM. LMI required above 80% LVR (subject to acceptable location).
5% Genuine Savings required
Manual Redraw Fee $50 Clawback: - 0-6 months discharged after settlement: 100% of upfront paid - 7-12 months discharged after settlement: 50% of upfront paid - 13 months + discharged after settlement: No Clawback Quoted Valuation fee is an estimate and valuation fee is charged at cost. Solicitor fee: From $350 plus outlays. Loan Processing Fee: From $150.00. Variation Fee: $200. valuation fee at cost Manual Redraw Fee: $50. line of credit service fee $150 per annum.