Product Summary Options

FIXED RATE

Features:
• Ability to fix the interest rate for periods of 1-5 years
• Additional fee to switch from Variable or Interest Only Loan (After I/O period has expired) to Fixed Rate

Available:
On all Loan Products with the following conditions
• Lo Do & No Doc products have a maximum fixed rate option term of 1-3 years
• Fixed Rate period only available on Discount Variable product after the first 12 months

INTEREST ONLY

Features :
• Ability to avail of an interest only period of 1-5 years
• Additional fee to switch from Variable or Fixed Rate Loan (After Fixed Rate term has expired) to Interest   Only

Available:
On all Loan Products with the following conditions
• Interest Only period available on Discount Variable product only after the first 12 months

QUICKSTART 90/10

Features:

• Maximum 90% LVR ( No genuine savings required)
• Maximum loan amount $500,000 depending on security property location
• Construction Loan? Available (Refer to Construction Loan option for further details)
• Redraw Facility- Available and Unlimited
• Split Loan Facility? Up to 4 accounts available
• Switch to Fixed Rate- Available (Refer to Fixed Rate option for further details
• Switch to Interest Only? Not available
• Overseas (Non-Resident) Borrower/s- Not available
• Lenders Mortgage Insurance- Special (higher) Rates apply

CONSTRUCTION

Features:
• Minimum loan size $100,000 ?Maximum $ 750,000
• Maximum LVR 95%. Establishment Fee- $1,350.00 (Includes 5 progressive drawdown valuations & final   on completion valuation)
• Construction to be completed within 12 months of initial drawdown
• Interest Rate is 0.35% higher during construction.
• Interest only repayments required of the construction phase.
• Number of drawdowns - Five (5) is allocated to each loan.
• Redraw Facility- Available after construction phase and is unlimited
• Split Loan Facility- Up to 4 accounts available after construction phase.
• Switch to Fixed Rate- Available after construction phase (refer Fixed Rate option for future details)
• Switch to Interest Only Repayments- Available after construction phase (refer Interest Only option for   future details)
• Overseas ( Non- Resident) Borrower/s ?Not available

NO DOC

Features:
• Maximum LVR 70%. Maximum Loan size $800,000
• Application Fee $700. Split Loan Facility- Up to 4 accounts available
• Switch to Fixed Rate- ( refer Fixed Rate option for future details)
• Switch to Interests Only- (refer Interest Only option for future details)
• Construction- Not available
• Overseas (Non-Resident) Borrower/s- Not available

Available:
• Lo Doc product
• Maximum LVR 80%. Maximum Loan size $1M

OVERSEAS ( NON- RESIDENT) ) BORROWER/S

Features:
• Maximum LVR 80%
• Minimum Loan amount $ 50,000
• Maximum Loan size $750,000
• Application Fee $850
• Direct Debit payment only- DDR must not be from third party

Available :
• Premium variable product