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For one yearly fee you can purchase and
maintain multiple loans under the one package.
You also receive a discount off the standard
variable rate depending on your total
aggregated loan amount. Other advantages
includes discounts on insurance and credit
card fees.
There can be significant
savings made when you add up all the benefits associated with this package.
Advantages
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Have multiple loans all
under the one package
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Usually come with 100% offset and redraw
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Choose any loan product such as fixed rate,
variable, line of credit and interest only
loans
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Discounts on the standard variable rates
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No application or valuation fees
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Discounts on other financial products
such as banking, credit cards and insurance
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Yearly fee can be between $300 and
$400 depending on the lender
Disadvantages
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Some lenders only have a few loan
splits and may restrict the products
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Annual fee may be too expensive
There are many types of line of professional
packages on the market. To find the better
professional packages click the link below.
Compare Professional Packages
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