Commonwealth Bank Low Doc Home Loans

Main Features and Fees...

 
Company
Interest Rate Enquire Here - up to 0.7% discounts available (see below)
Products Available Variable Rate, Fixed Rates and Line of Credit Loans
Offset Account Product Selected
Redraw Facility Product Selected
Extra Repayments Product Selected                                           
Lump Sum Repayments Product Selected
Product Change Yes, $300 fee applies
Portability Yes, $300
Construction Product Selected
Split Loan Facility Yes
Principle and Interest Payments Yes
Interest Only Payments Yes
FEES                                                 
Upfront Fees $750 or $150 under Wealth or MAV package
Ongoing Fees  Product Selected or $350 under Wealth or MAV package                
Early Exit Fees $700 if loan is paid within first 4 years
Discharge of Mortgage Fees $350


Notes

MAV and Wealth Package discounts are  only available for variable and fixed rate loans less than 60% of the properties value for all low doc loans

Mortgage Advantage and Wealth Package Tier Discounts For Variable Rates:

>$150K to $350K - 0.50%

>$350K to $750K - 0.60%

>$750K+ - 0.70%

1 Year Guaranteed and 12 Month Discounted Variable Rate

> $150K - 0.40% (discount applies after the completion of the Intro Rate only).

Fixed Rates

> $150K -  0.15% discount on standard fixed rates. (Variable - ongoing rate shown on Fixed Rate products is based on the <$350k tier)

Other Benefits

Interest rate and fee concessions on new Commonwealth Portfolio Loans

Concessions available on Commonwealth Bank Personal Loans

MAV Package available in the company name

Discounts for New Life, Trauma, and Permanent disability Insurance when applied via CBA Financial Planning Adviser

Discount on the base premium for Car Insurance cover

$330 off the fee for the preparation of a personal finance plan or a Statement of Advice by a Commonwealth Financial Planner

Interest rate and fee concessions on new Commonwealth Portfolio Loans

Concessions will be available on Commonwealth Bank Personal Loans

Companies will be able to open a MAV Package in the company name

Credit cards are no longer mandatory, however an active transaction account or Credit Card is required to charge

 

Family Support Policy

Not available for lo doc loans



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Simply click the link below or call 1300 726 136 to have all your mortgage questions answered

 

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