| INTEREST RATE |
From 6.75% (dependent
on the type of security and amount of loan requested) |
| PURPOSE |
Predominantly investment or business purpose
|
| TERM |
Up to 5 years |
| REPAYMENTS |
Principal and interest OR interest only
|
| FREQUENCY |
To suit borrower’s
cash flow. Extra payments can be made
at anytime. |
| REDRAW |
One a month at no cost. Minimum amount dependent
on loan balance. |
| MAXIMUM LOAN TO
VALUE RATIO |
Up to 75% |
| Application
feeGovernment and bank chargesLegal fees and disbursements |
- Establishment Fee is 1.65% of approved amount inclusive
of valuation and lender’s legal fees
- For example, mortgage duty, registration fees and
property searches.
- You will have to pay costs associated with your
own legal fees and disbursements
|
| SECURITY |
Residential, Commercial
and Industrial. |
| |
