Bank West Mortgage Shredder - Variable Rate

Variable interest rate housing loan for customers purchasing a residential property for owner-occupier, investment or construction purposes with discounted introductory rates for 12 months

Owner Occupied: 95% LVR plus LMI cap (full loan amount must be on Mortgage Shredder to lend above 90%)

Investment 95% LVR

5% Genuine Savings required for all purchase deals greater than 90%. (New Customers greater than 90% only available on Mortgage Shredder) Please see Special Criteria for further information.

LVR <=80% - Up to $100k

LVR >80% to 90% - Up to $50k

Documentary Evidence - Supporting Documentation Required:

LVR <=80% - $100k plus (max cash out is $100k where LMI is applicable)