One of our lenders if offering the following great deal home loan with an interest rate that has fallen below the 5 percent mark.
Additional benefits and some restrictions are listed below and there is a second option of taking and even lower honeymoon interest rate for the first 12 months which reverts to an interest rate just below 6 percent from the beginning of the second year.
- FullDoc only (available for construction)
- Max LVR 80%
- Max loan amount $750K
- 100% redraw offset
- Unlimited redraws at no cost
- Fully transactional with Visa debit card
- Principle & Interest repayments only (except during construction period)
- No ongoing monthly or annual fees
This offer will especially appeal to existing home loan borrowers looking to refinance to a better deal.