This loan is suitable for
A person who is self employed - Refer to BDM for details.
Available for people who will live in the property.
Suitable for people looking for a residential investment loan.
A guarantor can be used - Lender reserves its right to request a guarantee at any time.
Where the borrower is trustee of a unit trust, each unit holder will also be required to provide a guarantee.
Where the borrower is a trustee for a family trust, the guarantee in its own capacity and in its capacity as trustee for the family trust is required.
Where funds are being raised on behalf of the company then a supporting company guarantee is
required.
Where director(s) is/are borrowing funds for private use a company guarantee is not required..
Home Loan Loan Term
Loan term up to 30 years
Home Loan Loan Size
For loans with a minimum value of $200,000 and a maximum of $1,000,000
Need more information? Contact a mortgage broker today.
Repayment Options
Fortnightly repayments accepted.
Monthly repayments accepted.
Extra Repayments
Need more information? Contact a mortgage broker today.
Split Loan Facility
Split loan is available - Refer to Program Parameters.
Offset
Not available.
Redraw Facility
Redraw is available - Manual Redraws (written requests) are charged $45 per request. Redraws made via phone or internet are $0.00.
LVR for Choicelend Equity Plus ($200k+ LVR 75-90%)
Maximum available LVR is 90%
Need more information? Contact a mortgage broker today.
Fees for Choicelend Equity Plus ($200k+ LVR 75-90%)
Monthly Fee $0.00
Annual Fee $0
Establishment Fee $0
Discharge Fee $295
Legal Fee $0
Portability Fee $100
Settlement Fee $0
Switching Fee $100
Early Termination Fee $0
Special Offer - Nil Standard Application Fee & Title Insurance Fee paid by the lender from 1 July 2010 for a limited time only.
Title Insurance Fee (amount shown is for single security under $600k) please refer to attached table for multiple security costs or for securities > $600k
Refer to Title Insurance Table in Supplementary Documents for Title Insurance costs
Re-doc fee of $120 applies if customers make changes to their loans that require legals to be redone.
Refer to Fees and Charges Guide for all other applicable fees.
