Finance Details

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Lender NameFirstMac
Loan nameFirstmac Construction 80 (Investment)
Initial %4.69%
Ongoing %4.29%
Max Term Fixed Rate0
Max Term Interest Only5
Interest Type (Initial)Standard Variable
Interest Type (Ongoing)Standard Variable
Repayment FrequencyMonthly
Repayment Type (Initial)Interest only
Repayment Type (After Initial)P&I or I/O
Additional Loan Splits Allowed0
FinancialsFull Doc
Non ConformingNo
Product Type: CommercialNo
Product Type: Owner OccupiedNo
Product Type: InvestmentYes
Product Type: EquityNo
Product Type: ConstructionYes
Product Type: Vacant LandNo
Product Type: Line of CreditNo
Product Type: ReverseNo
Product Type: BridgingNo
NotesRates quoted are for regulated loans only. Firstmac?s specialised construction department provides a direct contact point and will ensure claims are paid promptly. Interest only Construction term of 12 months. During the construction phase repayments are interest only, making it easier to budget during this time. Monthly Repayments via Direct Debit.
ERP Notes
BC Notes
OF Notes
Other Fee NotesDocumentation fee $200 Quoted fees are available for individual borrowers only. If the borrower is a company or trust, additional fees will be payable by the borrower. Valuation fee t
Max LVR80.00%
Capitalise LMINo
LVR Notes
Genuine SavingsNo
Genuine Savings Notes
Min Loan$50,000.00
Max Loan$1,000,000.00
Min Term15
Max Term30
Est Fee$0.00
App Fee$0.00
Val Fee$220.00
Legal Fee$200.00
S/m Fee$300.00
Upfront Fee$720.00
Ongoing Monthly Fee$0.00
Ongoing Annual Fee$0.00
Exit Fee$550.00
Fixed Fee$0.00
Other Fee$0.00
Internet BankingYes
Credit CardNo
BPay OptionNo
Professional PackNo
Cheque AccountNo
Intro RateNo
Telephone BankingYes
Direct Salary CreditNo
Portability of LoanNo
Redraw AvailableNo
Offset AccountNo
Min Redraw$0.00
Free Transactions per Month0
Loan Redraw Fee$0.00
Lender Category Non Bank