Sunday, April 10, 2016

April loan campaign kicks off

I would like to advise our new loan campaign which is valid through the 8th April 2016 till the 10th June 2016:

Investment Property Loan Initiative for loan size of min AUD500k /NZD equivalent to AUD500k and more:

 

–              Waiver of establishment fee (worth AUD/NZD$750) upon successful drawdown of an investment property/refinancing loan with XXXXX Bank

–              Discretionary loan margin of up to 1.25% p.a. depending on loan quantum.

 

For AUD loans:

 

  1. LVR for Australian citizens/permanent residents is up to max 70% for Dual Currency option or up to max 80% for AUD Only of the property purchase price or valuation (whichever is the lower).
  2. LVR for non-Australian citizens/permanent residents is up to max 60% for Dual Currency option or up to max 70% for AUD Only of the property purchase price or valuation (whichever is the lower).

 

For NZD loans:

 

  1. LVR for New Zealand citizens/permanent residents is up to max 70% for Dual Currency option or up to max 80% for NZD Only of the property purchase price or valuation (whichever is the lower) outside greater Auckland.
  2. LVR for non-New Zealand citizens/permanent residents is up to max 60% for Dual Currency option or up to max 70% for NZD Only of the property purchase price or valuation (whichever is the lower) outside greater Auckland.

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