Loan Type

FullDoc - 3.49% Fixed (1 Year)

FullDoc - 5.09 Variable
FullDoc Construction

Loan interest type

12 months fixed interest rate reverting to
variable interest rate

Variable interest rate

Loan options

Fixed/ 100% redraw offset

100% redraw offset

Loan term

Maximum loan term is 30 years

Maximum loan term is 30 years

Interest only term option

Principal and Interest Only

Principal and Interest Only

Loan sizes

Minimum: $ 50,000
Maximum:$750,000

Minimum: $ 50,000
Maximum:$750,000

Loan value rations

UP to 80%

UP to 80%

Loan purposes

Use the loan to purchase a home or investment
property, or to access the equity in a property for
property investment purposes

Use the loan to purchase or construct a home or investment property, or to access the equity in a property for property investment purposes

Mortgage insurance

Paid by the funder

Paid by the funder

Borrowers

Owner-occupiers or investors
Also individuals, companies or trusts

Owner-occupiers or investors
Also individuals, companies or trusts

Income ratios

A net income test applies

A net income test applies

Repayment options

Salary crediting to the offset account or direct
debit from pre-nominated bank account

Salary crediting to the offset account (excludes
construction loans) or direct debit from
pre-nominated bank account

Free splits

Maximum 4 splits

Maximum 4 splits

Redraw

Redraw is available on your offset account up to the available balance

Ongoing fees

No ongoing monthly account keeping or annual line fees. Unlimited free phone (IVR), internet,

EFTPOS, biller payments and cheques per month

Other

5 free ATM transaction per month - additional ATM transactions $1.20 each
Over the counter transactions incur a $2.00 fee
Portability available on all loans, subject to approval