By fixing your interest rate now you can lock in a rate as low as 5.87% p.a. (for 2 years) and for the next 2 (or 1-5 years) it means that you know exactly how much your mortgage will cost and in these uncertain financial times you can take control of your money and create some stability for your family.
$0 Set up costs~ Borrow up to 90% Obligation FREE Pre-approval Fix all or split part of your loan with the flexible Bank Beater Home LoanYou can fix your Bank Beater Home Loan for 1 – 5 years, after the fixed period expires your rate will revert to the market leading Bank Beater variable rate home loan**.
New! Rate Lock
Don’t risk waiting 6 weeks to lock in your fixed rate! Secure your fixed rate at sooner with our new rate lock feature. Request a call back to find out how.
Set Up Costs Are On The House!
Apply for a Bank Beater Fixed Home Loan and the set up costs are on the house saving you $935.00.
That’s right, no set up costs means:
- $0 Application Fee
- $0 Valuation Fee
- $0 Lender’s Legal Fees
| Bank Beater Fixed Home Loan | |
|---|---|
| Loan Amount: | $250,000 - $1,000,000 $1,000,000 - $4,000,000 option for multiple properties (conditions apply, contact us for more info) |
| Fixed Interest Rates: | 1 year - 5.87% p.a. | Comparison Rate - 6.36%* p.a. 2 year - 5.90% p.a. | Comparison Rate - 6.34%* p.a. 3 year - 5.95% p.a. | Comparison Rate - 6.34%* p.a. 4 year - 6.10% p.a. | Comparison Rate - 6.39%* p.a. 5 year - 6.23% p.a. | Comparison Rate - 6.45%* p.a. |
| Purpose: | Purchase / Refinance / Debt Consolidation / Limited Cash Out / Investment / NRAS approved |
| How much can I borrow? | Up to 90% of the property value when combined with the Bank Beater Home Loan (variable) |
| Loan Term: | 15 - 30 years |
| Interest Only Option: | 1 - 10 years |
| Fixed Rate Option: | 1 - 5 years |
| Lenders Mortgage Insurance: | Paid by the borrower when LVR is over 80%. Can be added to the loan above the max LVR of 90%. |
| Repayment Options: | Principal and Interest, Interest Only Frequency: Weekly, Fortnightly, Monthly |
| Annual Fee: | $345 |
| Other Costs (est): | Application Fee: $0 (waived) Valuation Fee: $01 (waived for loans that proceed to settlement) Lenders Basic Legals: $0 (waived) Title Insurance Fees from $132 (for loans under $600,000); higher for larger amounts Break costs may apply if loan is repaid during any fixed rate period |
We’ll Even Do Your Paperwork!
At Illawarra Home Loans we understand that your time is best spent looking for your dream property rather than wasting your time on mountains of paperwork. So why not let our Home Loan Experts do the paperwork for you?
Our Home Loan Experts have a talent for getting most of the information we need for your application from a casual chat so you have more time to find your dream home at a bargain price.
Request a Call Back
Complete our short call back request form, select a time and day that suits you and a qualified home loan consultant will contact you to discuss your options.
Apply For Pre-Approval
Complete our simple 3 step online application
select a call back time and day that suits you
A qualified consultant will call you obligation free
*Comparison rates for an amount of $150,000 over 25 years. Conditions fees and charges apply to all loans. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fixed rate shown is subject to change until the loan is settled. **After your fixed term has expired the variable rate will revert to the Bank Beater Loan variable rate current at that time. 1Valuation fee will be charged if loan does not proceed to settlement. ~Set up costs refer to the application fee, valuation fee and lenders basic legals. 1Valuation fee will be charged if loan does not proceed to settlement. Conditions apply. Correct as at 14 May 2012.
