Variable Rate Home Loans - BankWest - Seniors Equity Release

This loan is suitable for
Available for people who will live in the property.
Suitable for people looking for a residential investment loan.
A guarantor can be used.

Home Loan Loan Term
Loan term up to 0 years

Home Loan Loan Size
For loans with a minimum value of $20,000 and a maximum of $250,000

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Repayment Options

Extra Repayments
Additional repayments are allowed.

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Split Loan Facility
Not available.

Offset
Not available.

Redraw Facility
Redraw is available - Online, Complete the Home Loan Access Form (found in Paper Forms) and fax to BankWest.
$50 per withdrawal over the counter..

LVR for Variable Rate Home Loans - BankWest - Seniors Equity Release

Maximum available LVR is 25%

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Fees for Variable Rate Home Loans - BankWest - Seniors Equity Release

Monthly Fee $0.00
Annual Fee $0
Establishment Fee $0
Discharge Fee $300
Legal Fee $0
Portability Fee $350
Settlement Fee $0
Switching Fee $0
Early Termination Fee $0
Loan increase for SA is $350.
Other states where increase is >$50k fee is $700.
Partial Drawdown fee of $100.
Additional valuations required during term.
Fees can be taken from loan proceeds.