This loan is suitable for
Available for loan amounts $50,000 - $1,000,000
A person who is self employed - All Self employed borrowers must have an active ABN for at least 2 years and GST registration for at least 12 months. Refer to Mortgage Insurer for additional document requirements..
Available for people who will live in the property.
Suitable for people looking for a residential investment loan.
Home Loan Loan Term
Loan term up to 30 years
Home Loan Loan Size
For loans with a minimum value of $50,000 and a maximum of $1,000,000
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Repayment Options
Fortnightly repayments accepted.
Monthly repayments accepted.
Extra Repayments
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Split Loan Facility
Split loan is available - Additional Contract fee of $50 applies..
Offset
Offset is available - Normal account transaction fees apply..
Redraw Facility
Redraw is available - Free if online. $50 for manual requests..
LVR for Australian First Mortgage Flexible Option Lo Doc Variable
Maximum available LVR is 80%
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Fees for Australian First Mortgage Flexible Option Lo Doc Variable
Monthly Fee $0.00
Annual Fee $0
Establishment Fee $0
Discharge Fee $500
Legal Fee $0
Portability Fee $350
Settlement Fee $150
Switching Fee $200
Early Termination Fee $0
Applications for Increases - $200 plus funder fee $300, Product Conversions - $50 plus funder fee $150, Conversion to Full Doc Loan - funder fee $150, Bridging Loan fee - $180, Inspection Fee - Construction Loans - $160 per inspection - may be up to 5 inspections,
Please also refer to the link@AFMFeeSchedule.pdf@AFM_Schedule_of_Fees in Supplementary Documents.