With rate changes becoming a regular part of life in today's market place, we thought we would provide you with an update on our strengths in not only prime lending but also where we are seeing activity in our niche segments.
Prime Lending
After some recent rate changes, we are pleased to say that our pricing remains highly competitive in the Investment space along with Owner-Occupied Lending.
Owner-Occupied P&I
We have Smart Pro rates starting at 3.79% with no application, valuation or on-going fees. The only cost of entry is $330 in lender legal fees
Flexi Options remains the option for those looking for a fully feature loan facility, with rates starting at 3.84%.
Investment P&I
Flexi Options remains one of the market leaders with a variable rate starting at 4.04% p.a. With no on-going fees unless an offset account is required ($10 monthly fee), it remains a highly competitive solution for those looking to build wealth via property investment
Smart Pro is also highly competitive with a variable rate starting at 4.09%, again zero set up costs apart from $330 in legals and no ongoing fees.
Smart Pro remains a great no frills option and allows for a number of credit niches some of which are summarised below:
Acceptable Income types include Disability pensions, widow pensions, Foster Care Payments, Supplement Payments (related to certain pensions) as well as Defence Force Reserve Income.
Security properties can include Rural properties. Up to a maximum LVR of 70% we can consider a rural security as long as the following criteria are met.
Our latest interest rate card is attached here for your reference
Any questions or scenarios you would like to workshop? Please feel free to contact the team:
