More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Health-Professionals-Bank.png
Comparison Rate
5.35
Name
Solutions Plus Owner Occupied $150k - $250k >90% LVR P&I
Lender
Health Professionals Bank
Product Name
Solutions Plus Owner Occupied Rewards Package
Product Details
Health Professionals Bank provides access to financial products and services for current or retired employees in the Australian health sector, those holding or studying a health related degree from an Australian university and immediate family members of members (ie shareholders) of the Bank (Individuals must be citizens or permanent residents of Australia). Max 95% LVR inc LMI for employees in the health sector. For all other occupations max 90% LVR plus LMI.Offers a discounted rate for the life of the loan and is only available to eligible members with the Rewards Package. Eligibility includes current everyday account, registered online banking, min deposit of $2k per month and new min loan amount of $150k. Max LVR 95% $ for $ existing mortgage otherwise 90% subject to equity release and debt consolidation limits inc LMI
Variable Rate
5.1
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
600
Discharge Fees
Ongoing Fees
200
Valuation Fees
Lenders Legal Fees
Lenders Settlement Fees
150
Minimum Loan Amount
150000
Max Loan Amount
249999
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
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
Fee Details
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Redraw available - no fee
Redraw Facility
Y
Construction
N
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
Ability to split loan