Best Rate Alternative Lenders

Alternative Lender

Owner Occupied Principle & Interest

Product type Standard Variable, Credit Impaired
Initial Rate 5.04%
Repayment Options Available Principal & Interest
Repayment Frequency Available Fortnightly, Monthly, Weekly
Notes Current Specials 
Offer available to new to bank lending only. Max LVR 80%. Min $150k. Not available for, construction or SMSF loans.


Application Fee $995.00
Ongoing Fee  $15.00 Monthly
Lenders Legal Fee $0.00
Lenders Settlement Fee $0.00
Split Loan Fee $495.00
Valuation Fee $330.00, Additional Valuations: $330
Discharge Fee $395.00
Break Costs No – N/A
Redraw Fee Yes – Fee: $50 subject to approval criteria (min $2000 per draw)
Switching Fee $275
Notes Valuation fee of $330 (inc GST) per security, higher if >$750k or regional location payable at applciation submission. Discharge fees of $395 + legals. Equalisation Fee 0.50%. Title Protection fee $349 per security. Professional Investor Fee $995



 This product is only available for the following.

Available in ACT, NSW, NT, QLD, SA, TAS, VIC, WA
 Purpose Owner Occupied
 Terms (Years) From: 10 To: 30
 Loan amount From: $30,000.00 To: $2,000,000.00
 Owner Occupied – Purchase LVR From: 60.01% To: 65.00% (or To: 65.00% inc. LMI)
 Owner Occupied – Refinance LVR From: 60.01% To: 65.00% (or To: 65.00% inc. LMI)
 Investment – Purchase LVR From: 0.00% To: 0.00% (or To: 0.00% inc. LMI)
 Investment – Refinance LVR From: 0.00% To: 0.00% (or To: 0.00% inc. LMI)
 Land From: 60.01% To: 65.00% (or To: 65.00% inc. LMI)


Other details

Mort. Ins. Required Over N/A
Security Details None
Notes Professional Investor Loading (0.75%) and fee ($995) will apply to all applications in a company/trust name and/or have 3+ properties (includes O/O, investment, commercial and residential)



Name Value
Access: Direct Credit Access Y
Access: Internet Banking Y
Access: Mortgage Offset Available Y
Fees: LMI Available Y
Fees: LMI Capitalisation > Max LVR Y
Repayments: Interest Capitalisation Details N/A
Repayments: Repayments – Can Make Extra Y
Repayments: Repayments – Fortnightly Y
Repayments: Repayments – Monthly Y
Repayments: Repayments – Weekly Y
Repayments: Salary Direct Available Y
Structure: Portability Y
Structure: Split Available Y
Structure: Split Details Fees Apply


Although the information on this sheet was prepared with due care, it is an estimate only and no guarantee is offered as to its accuracy.




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