Our Home Loan and Mortgage Products
QUICKDIRECT BASIC VARIABLE (LAND) HOME LOAN
So the guy in the back room with the thick glasses and bald head said "it’s a piece of land not a lunar mission, it needs a low rate, flexibility and a quick turnaround". And with that we created our Basic Variable Land Loan. Borrow up to $1million dollars from what is arguably Australia’s most convenient lender and get all the benefits of redraw, additional repayments, salary crediting and interest only options and when you’re ready to build your castle it’s a simple switch into a product that suits that too!
Features include:
| Loan amounts |
Minimum Loan of $50,000. Maximum loan of $1,000,000. |
| Interest rate type |
Variable rate. |
| Term |
25 or 30 years. |
| Repayment type |
Principal and Interest or Interest only. |
| Combination and splits |
Available. |
| Repayment options |
Direct Debit or salary credit either monthly or fortnightly. |
| Additional repayments |
Available. |
| Redraw facility |
Available. |
| Withdrawals |
Available. |
| Salary crediting |
Available. |
| Ability to switch |
Available. |
| Statement issued |
Biannually. |
| Deferred Establishment Fee |
Equivalent to 1 monthly installment for the first 5 years. |
| Other Fees |
Nil. |
| Substitution |
Available. |