Westpac Bridging Home Loan

Main Features and Fees...

Company
Interest Rate	Enquire Here - discounts apply see below
Products Available	Premier Advantage Professional Packaged Loan
Offset Account	NA
Redraw Facility	NA
Extra Repayments	Yes
Lump Sum Repayments	Yes
Product Change	NA
Portability	NA
Construction	Yes - $95 for progress draws
Split Loan Facility	Yes
Principle and Interest Payments	Yes
Interest Only Payments	Yes - interest capitalisation allowed
FEES
Upfront Fees	$600
Ongoing Fees	$8 per month
Early Exit Fees	$900 first 4 years
Discharge of Mortgage Fees	Not supplied

Notes

A variable rate loan for short-term finance to enable a new property to be purchased prior to an existing property being sold. Available for owner occupied purchase only. Available for construction purposes.

Primary security to be first mortgage over residential property being purchased (future residence) and residential property being sold (current residence) ,supporting security allowed.

Maximum overall loan term is 1 year.

Variable Rate for the first 3 months then for the balance of the term (9months) a loading of 1% is applicable on the variable rate.

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