Wednesday, 19 August 2015 00:00
|
If you’re a first home buyer looking to borrow more than $250,000 then this could be the perfect loan for you! To help you on your journey through the home buying process, download this handy guide and check out our latest offer for first home buyer’s here.
- Be approved within 24 hours+
- Pay no application or valuation fees5
- Only 10% deposit needed3
- Parent guarantees also accepted to secure the loan*
- 100% offset facility which can reduce the interest you pay
- 1 free redraw per month to access equity in your loan
- No early payment penalties
- Choose weekly, fortnightly or monthly repayments
- Repayment holidays up to the value of any extra repayments made
- Suitable for owner occupied, 1st home buyer loans only
- You could also be eligible for the $10k First Home Owners Grant (FHOG)
- In some states, you may also be exempt from paying stamp duty
- We can lodge your FHOG application on your behalf. Talk to us today.^
Additional Product Links:
|
|
|
|
| First Home Buyers No Regrets Home Loan |
|---|
| Product Information | | Variable Interest Rate | 3.27% pa1 | | Comparison Rate | 3.37% pa2 | | Minimum Amount | $250,000 | | Loan Period | Up to 30 yrs | | Max LVR | 90%3 | | Repayment Frequency | Monthly, Fortnightly, Weekly | | Interest Charges | Calculated daily, charged monthly | | Variable and Lump Sum Repayments | Yes | | Auto Repayments | Yes | | Additional Repayments Accepted | Yes | | 1st Home Buyers Eligible | Yes | | Eligible for Discounted Credit Card Rate | Yes | | Repayment Holiday Option | Yes | | Redraw Facility | Yes 4 | | Offset Account | Yes | | Eligible for Rebate Reward | Yes | | Fees and Charges | | Application Fee | $0 5 | | Establishment Fee | At cost | | Valuation Fee | $05 | | Monthly Fee | $8 | | Annual Fee | $0 |
|
+Loan approval can be provided within 1 business day from the time all required documentation is received. Provision of documentation does not automatically qualify you for loan approval.
*You must be able to show you can service the loan repayments yourself. Guarantors can only be used to provide extra security over the loan in circumstances such as inconsistent savings or short work history. Guarantors have a legal obligation to repay the loan should the borrower default. A guarantors capacity to repay the loan will be assessed.
^To qualify as a 1st home buyer, you must be purchasing the first home you or your spouse have owned or co-owned in Australia, although there are some exceptions. You must also move into the property within 12 months, and live there for at least 6 continuous months. For more information visit: http://www.firsthome.gov.au
