|
Lender |
 |
|
Lender Name |
ANZ |
|
Product Name |
EQUITY
MANAGER |
|
Product Type |
EQUITY LINE
OF CREDIT |
|
Interest
Rates |
Latest
Interest
Rates
Compare
Other
Lenders |
|
Target
Market |
Any Personal
Purpose |
|
Repayment
Type |
Interest
Only |
|
Repayment
Options |
Monthly
Deposit |
|
Repayment
Method |
ATM , EFTPOS,
Cheque Book,
Direct
Debit, ANZ
Phone or
Internet
Banking or
salary
deduction |
|
Extra
Repayments |
Principal
reductions &
full
repayment
can be made
at any time
without a
prepayment
fee |
|
Special
Offers |
Lo Doc 60
-70 Discount
$150K< $250K
discount of
0.40% p.a
$250K< $700K
discount of
0.50% p.a. |
|
Term |
30 Years |
|
Loan Size |
Maximum Loan
Amount $2.5M
Maximum LVR
60% Maximum
Total
Customer
Limit $2.5M
Maximum Loan
Amount $1M
Maximum LVR
70% Maximum
Total
Customer
Limit $2.5M
Minimum:
$20,000 No
Maximum Up
to 80% LVR
Full Doc
Maximum $1M
up to 90%
LVR Full Doc
Maximum
|
|
Mortgage
Insurance |
Up to 80%
Lenders
Mortgage
Insurance:Note
LMI
applicable
if LVR>80%
Do you work
in a medical
profession?
ANZ have a
medical
benefits
package
where they
waive
lenders
mortgage
insurance
for those in
health
occupations,
such as,
doctors,
dentists,
physiotherapists,
pharmacists
and many
others.
Contact Us
for
more
information |
|
Acceptable
Income |
Self
employed
applicants
to provided
returns for
last 2
years,
Salary and
wage earner |
|
Fees |
Loan
Approval
Fee: $500
(Max
Discount is
$100)
Equity
Manager in a
Company Name
Loan
Approval Fee
is $600 no
discounts
apply.
Discount for
Loan
Approval
Fees:
At least one
of the
following
Loan
Periodic
Payments
from ANZ a/c
Salary
Credit to
ANZ a/c
ANZ |
|
Offset |
Not
available on
Equity
Manager
Account. |
|
Redraw
Facility |
Available |
|
Product
Change |
Available
fees apply
maximum $350 |
|
Statements |
Issued
monthly |
|
Portability |
Yes |
|
Split Loan
Facility |
Available |
|
Special
Notes |
Acreage over
25 acres
refer to
Lender will
consider
case by
case.
Lo Doc 60
available on
all products
refer to Lo
Doc Policy
Profile
60/80
ANZ Mortgage
Products can
now be used
for Business
Purposes (up
to a maximum
of 50% for
each
individual
ANZ
Mortgage) |
