More Details

Loan Details

 

Lender
Westpac
Comparison Rate
5.5
Name
Premier Advantage Rocket Investment Loan $250k - $499k P&I
Lender
Westpac
Product Name
Premier Adv 100% Offset Rocket Investment Loan P&I
Product Details
Up to 95% LVR is available including cap LMI for purchases. INV- Max LVR capped at 90% if all security is non-owner occupied. Up to 95% (90% for refinances) including capitalised LMI when more than 1 security used and at least 1 of those securities is Owner Occupied, also applies for Industry Specialisation and Medico Sector applications. They must meet 20% equity requirement and serviceability requirement (Refer to Westpac Policy).
Variable Rate
5.13
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
395
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
250000
Max Loan Amount
499999
Owner Occupied
N
Investment
Y
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
Y
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
Y
Minimum Loan Term (years)
1
Max Loan Term (years)
30
Rate Details
Up to 95% (90% for refinances) including capitalised LMI when more than 1 security used and at least 1 of those securities is O/O, also applies for Industry Specialisation and Medico Sector applications. 0.80% variable rate discount (inc)
Fee Details
Additional Valuation fee may vary dependant on the type of valuation, type of property, location etc. Please refer to your BDM.
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Fee: $0 Details: Can redraw to limit of loan, No minimum, Unlimited redraws allowed.
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
$600 App fee for combo loans. If post settlement $250 - Refer Lender. No fee under pro pack. Low Doc loans can only combine with other Low Doc products.