Residential mortgages for owner-occupied homes,
first home buyers and investment property purchasers are available
through ‘AAA’ Mortgages from over 30 lenders nationally.
If you are simply looking for the cheapest rate, then (as of August 2010) we can get you interest rates from 6.29% p.a.
But there are hidden pitfalls for the unwary. If you want a 100%
offset, a redraw facility or a myriad of other features then your rate
begins at begin at 6.49% p.a, with ANZ coming at 6.71% p.a. and the NAB,
Commonwealth, Westpac and St George around the same.
Our minimum loan is $100,000 with our maximum normally $2.5 million.
Establishment fees including valuation and legals start at $300 with the
maximum around $900
If you want a fixed residential loan it is slightly more again (rates as of August 2010).
- 1 year fixed – 6.64%
- 2 years – 6.98%
- 3 years – 7.09%
Residential lo-doc loans up to $2.5 million are also available but only to 60% LVR. No financials are necessary and the rate is about 6.75% p.a.
For the specific risk margin on your loan product don’t hesitate to contact us for a quote.
Phone: John Macalyk on 61 2 9299 1144 or 0418 253 573
Ray Cooper on 61 2 9299 1144 or 0400 302 299
Email: [email protected]
Snail mail to: Level 1, 50 York Street, Sydney NSW 2000
Or just drop in!