|
Download a printable version - click here
Click here for the latest Lifestyle Plus Interest rates.
For an annual fee you can have our most flexible loan product at a reduced interest rate.
Product Features:
It's also available for self-employed applicants. Demonstrate your ability to afford a loan by signing a declaration rather than showing evidence of income.
Loan Size
$30,000 up to $2,000,000
LVR (Loan Service Ratio)
|
Loan Amount
|
Max LVR
|
Low Doc 80
|
Low Doc 70
|
|
$30,000 - $500,000*
|
100%
|
80%
|
70%
|
|
$500,001 - $650,000
|
95%
|
80%
|
70%
|
|
$650,001 - $750,000**
|
90%
|
80%
|
N/A
|
|
$750,001 - $1,000,000
|
85%
|
N/A
|
N/A
|
|
$1,000,001 - $2,000,000
|
70%
|
N/A
|
N/A
|
* Where the applicant, product type and security meet certain criteria laid down by the LMI the max. LVR allowed on a loan up to $500K is 100% ** If a stand-alone Line of Credit account the LVR shall not exceed 90% up to $500K & 85% up to $750K
Fees
Fees apply.
'Principal & Interest' or 'Interest Only', Variable or Fixed Rate Accounts
Repayment, Rate and Term
- Principal and Interest or Interest Only for 2, 3, 5 or 10 years;
- Variable or Fixed rates. Variable rates loan can be converted to a fixed rate at no cost (subject to a maximum of 4 splits).
- Choose from 10, 15, 20, 25 or 30 year term.
Principal Reductions
On variable rate loans.
Statements
Free six-monthly statements & free interim statements.
Redraw
Fee free $50.00 min. accessed over the phone or via the internet (variable rate only).
Line of Credit accounts
Repayments
Interest Only for 15 years (revolving credit period) reverting to Principle & Interest over the balance of the loan term.
Statements
Free monthly statements during the revolving credit period, reverting to 6 monthly statements afterwards. Free interim statements are issued by request.
Drawdown
Fee free $50.00 min. accessed over the phone or via the internet.
Mastercard Access
MasterCard access for purchases and free ATM access to cash (selected ATM's only), all at Line of Credit rates.
Chequebook Access
A Loan Service Cheque Book is an easy way to access funds available in the Line of Credit.
Repayments
Direct Debit
Pay your loan by direct debit monthly, fortnightly or weekly.
Direct Salary Crediting
Have your income directly paid into your home loan account and use your re-draw facility over the phone or via the internet to access your money when needed.
Pay Anyone
Transfer funds to any other Australian bank account or to your other loans.
Internal Transfers
Transfer funds to other splits within the same loan.
Green Home Loans - All Wilson National loans carry the carbon neutral product logo and are 100% carbon neutral.
|
