LINES OF CREDIT

INTEREST RATE		6.68% Variable.

LOAN TERMS		Ongoing.

PURPOSE OF LOAN		Available for any personal purpose. Up to 25% of total loan can be used for business. Owner occupied or investment.

LOAN AMOUNTS		• Minimum: $50,000. • Maximum: $1,000,000.

ACCEPTANCE FEE		$660.00 (Includes valuation and base legal fee).

MAXIMUM LVR		95% up to $650,000 90% up to $750,000 85% up to $850,000 80% up to $1,000,000

REDRAW OPTION		Unlimited access using Debit Card through ATM’s, EPTPOS. Cheque book, phone & internet banking available.

PAYMENT MODE		Minimum monthly repayments of interest. Direct Salary Crediting.

PRINCIPAL REDUCTIONS		Permitted at any time without any penalty.

DISCHARGE PRIOR TO MATURITY		VARIABLE RATE: One monthly instalment based on original loan amount if discharged within 5 years of settlement.

LENDERS MORTGAGE INSURANCE		Applicable on all loans, PAID by lender to 80% lvr & can be capitalised to 95% lvr max.