ING Direct Construction Loan

Main Features and Fees...

Company
Interest Rate	Enquire Here
Products Available	Construction Loan Only
Offset Account	No
Redraw Facility	No
Extra Repayments	No
Lump Sum Repayments	No
Product Change	Yes, $250 fee applies
Portability	Yes
Construction	Yes - additional valuations @ $200
Split Loan Facility	No
Principle and Interest Payments	Yes
Interest Only Payments	Yes
FEES
Upfront Fees	Nil plus $220 settlement fee
Ongoing Fees	Nil
Early Exit Fees	Nil
Discharge of Mortgage Fees	$250

Notes

Will need to switch to pay a lower rate - cost $250

Owner Occupier, Residential Investment, Construction

Maxim term generally 12 months for construction then reverts to Mortgage Simplifier.

First time home buyers with evidence of deposit and strong ability to repay.

Home owners undertaking extensive renovations.

Note: owner builders and developers are not eligible.

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