LINES OF CREDIT

INTEREST RATE		6.71% Variable.

LOAN TERMS		Ongoing.

PURPOSE OF LOAN		Available for any personal purpose. Owner occupied or investment.

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

FEES		Nil. However applicants are liable for BMC's solicitors fees. (Note: If application does not proceed & valuation has been completed, applicant will be liable for valuation fee). No Monthly or Annual fees applicable.

MAXIMUM LVR		90% up to $750,000 85% up to $850,000 80% up to $1,000,000 Where LVR is 85% & above applicants require 5% Genuine Savings.

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.

EARLY REPAYMENT FEE		Nil

LENDERS MORTGAGE INSURANCE		Up to 80% No LMI required. >80% LMI required & can be capitalised above 90% if a purchase or 90% max if a refinance.