|
|
|
To assist those people who have been Self Employed or are Contractors for more than two years, but are unable to show financial statements. This loan is suitable for both owner-occupiers and investors. No ongoing fees.
Please click here for personal assistance: info@nationwidemortgage.com.au
How much can I borrow?
- 80% LVR, up to $1,000,000;
- Minimum loan amount $50,000
Interest Rate
- 7.90% p.a., with a comparison rate of 7.94% p.a.(LMI Payable by Borrower)
- 8.40% p.a., with a comparison rate of 8.43% p.a.(LMI Payable by Funder)
- Variable, with an option to fix or combine
Repayment Options
- Principal & Interest
- Interest Only (for 1-5 years or 10 years)
- Direct debit or Direct salary crediting
- Your choice of weekly, fortnightly or monthly repayment options
Term of Loan
Ongoing Fees and Charges
- Nationwide charges no hidden or ongoing fees
- No monthly, annual or any ongoing account keeping fees
- 6 free transactions per month excluding redraws
- Free redraws
- Free loan splitting to fix interest rate on part of your loan
- Free lump sum repayments whenever you like, except where the loan is fixed
- Free internet and phone banking access
Fees and Charges to Set Up the Loan
- $240 for Valuation, subject to property and location
- $490 for Solicitor's legal fee plus disbursements
What are the redraw conditions?
- Redraw accessible through your choice of Internet, Phone, Direct Debit by Fax or Written request
- Minimum redraw $100
Early Repayment Fees
- Fee applies if the loan is paid in full within the first 5 years
- Loan is fully portable for up to 3 months which means that, even if you sell your house, the loan can come with you at minimal cost.
Please click here for personal assistance: info@nationwidemortgage.com.au |
|
|
|