| In this issue: - Homeloans MoniPower Loan featuring a VISA card up to $20k
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| Homeloans MoniPower Loan featuring a VISA card up to $20k |
Homeloans is pleased to promote its MoniPower Line of Credit product with VISA card.
Features include:
- Variable rate 6.59%p.a. (comparison rate 6.66%p.a.)*
- Individual, Company and Trust borrowers
- 95% plus LMI (Owner Occupied purchase only) servicing 1.20 / 6 months Genuine Savings required
- 90% plus cap LMI on Vacant Land, Refinance and Investment Purchase or Construction
- Bridging Finance LVR 85% / Servicing on end debt
- LVR >80% Genuine Savings of 5% over 6 months
- 100% offset account with Variable and Fixed rates loans (no ongoing fees)
- No Valuation - Contract of Sale price accepted in lieu of valuation for purchases at 80% <$500K cat 1 locations
- Pensions (supporting income)
- Carers, Disability, Child Maintenance, Housing, Parenting, Family A & B up to 13 years old
- Maximum loan amount : LVR 80% = $2,000,000 / LVR 70% = $3,000,000
- Secured VISA Card up to $20K at LOC rate (currently 6.84%pa) (not included in LVR calculation)
For more information, talk to your Homeloans BDM
|
Split 1
| $380,000
| | Term Loan
| 6.59%pa
Variable
| OR
| 6.59%pa
3 yr Fixed
| +
| 100%
Offset
|
Split 2
| $20,000
| | LOC
| 6.84%pa
Variable
|
|
|
|
|
TOTAL
| $400,000
| |
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|
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| PLUS
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|
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|
|
|
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Linked
secured VISA
| $20,000
| | Visa Card
(not included in LVR Calc)
| 6.84%pa
Variable
|
|
|
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*Interest rate current as at 16 January 2012 and is subject to change. Terms, conditions and lending criteria apply.
Homeloans Limited. ABN 55 095 034 003. Australian Credit Licence Number 247829.
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