Suncorp Standard Variable Rate
If you are looking for a variable rate mortgage that allows you to make additional repayments, Suncorp's Standard Variable Rate could be a product well worth considering.
Eight to 30-year loan terms are available and this type of product may also be suitable for property investors and the self-employed.
You'll find that this option allows you to have plenty of flexibility when it comes to loan repayments - you can choose to pay weekly, fortnightly or monthly.
Suncorp Back to Basics
A home loan product that only charges you for the features you use can be a great way of ensuring you get the most for your money.
Suncorp's Back to Basics mortgage is a flexible product - you have the option of choosing interest-only repayments and can use the Deposit Kick Start option to borrow up to 110 per cent of the valuation or purchase price.
This variable rate loan also allows you the ability to split - that is, to lock in the interest rate on one portion of the loan for a fixed period of time.
Suncorp Asset Line - Line of Credit
This can be a great option if you have more than one home loan with Suncorp, as you may be eligible for a combined value discount.
Statements for your variable rate line of credit are issued monthly and you are able to access your funds immediately via telephone, online banking or from any Suncorp branch.
In addition, you'll benefit from no minimum monthly repayments - as long as the total balance of your loan is within your credit limit.
Suncorp Money Manager - My Home Package
The My Home Package can be used with a number of eligible Suncorp home loans, including standard variable rate, standard fixed rate or asset line products.
Whether you are borrowing for personal or investment purposes, this package can help you keep tabs on your money - and with an Everyday Options account, you can offset the balance of your standard variable loan against your savings.
You'll also be able to access features such as a complimentary consultation with a financial planner, who can assess your current situation and advise on issues such as tax planning, superannuation and retirement savings.
Suncorp Introductory Fixed Rate
During the introductory period of this standard variable loan, your interest rate will be fixed - meaning you can be safe in the knowledge that your funds are protected from unexpected fluctuations.
This option can give you greater confidence with budgeting during the 12-month introductory period and you'll be able to have flexibility when it comes to your loan repayments.
You can also choose to make additional repayments at any time, which can help you own your home more quickly.
Suncorp Fixed Rate
Fixed rates are available for one, two, three or five-year periods, after which time you can either re-fix your rate or instead switch to a standard variable rate mortgage.
You can also use this product to split - in other words, to lock in part of your loan at a fixed rate, but with the flexible features offered by a variable rate loan.
If you are planning to be an owner-occupier, you can use the Deposit Kick Start option, which allows you to use the equity in a friend or family member's home toward your purchase. Lenders mortgage insurance is not required with this option - which could result in further savings for you.
Suncorp Split Rate
This handy loan lets you experience the best of both worlds - you can enjoy the peace of mind offered by a fixed rate mortgage alongside the flexibility of a variable rate product.
Suncorp's split rate lets you divide your loan product in whatever portion you choose - for example, 75 per cent at a fixed rate and 25 per cent at a variable rate - and set your fixed rate term for one, three or five years.
This mortgage also allows you the flexibility of redraw and offset facilities, as well as access to extra funds through the Add Loan facility if you require them.
Suncorp Standard Variable Bridging Loan
A bridging loan can be a helpful solution if you are ready to buy a new property but haven't yet sold your existing home.
The loan term can help you sell your property with less pressure - and you'll have plenty of flexibility when it comes to repayments.
For example, you can choose interest-only repayment periods and make additional payments without incurring any penalties.
With a low establishment fees and the option to make payments weekly, fortnightly or monthly, this product can be a great option for anyone planning a move.
Suncorp Offset
If you are looking for an easy way to save on interest, Suncorp's Offset product could provide the perfect solution.
This service is available on Standard Variable home loans and allows you to utilise the balance in your Everyday Options account against the amount outstanding on your loan.
The amount you are able to save in interest on your loan is directly proportionate to how much you can tuck away in your savings account - helping you make the most of your money.
Suncorp Lo Doc
If you are self-employed, Suncorp's flexible Lo-Doc product can help you achieve your goals of home ownership.
Lo Doc is available for a number of our home loan products, including fixed rate and standard variable rate packages, as well as the Back to Basics services and products designed specifically with small businesses in mind.
Maximum loan amounts are dependent on the loan to value ratio - in other words, a percentage of the total value of your property. This can differ depending on the type of loan product you choose - you may wish to speak with a Suncorp home loan specialist to determine the best one for you.
