This is a loan which meets the needs of borrowers requiring larger loans. It provides a discounted rate of at least 0.50% from our low standard variable, Homebase loan or 0.10% from our low fixed rate, Futureproof loan. An offset account is available if required. Please refer to our Homebase and Futureproof products for current interest rates.
| Minimum amount | $250,000 |
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| Maximum amount | $2,000,000 |
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| Monthly fees | None |
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| Purpose |
Purchase or construction of owner occupied dwelling, vacant land or investment property.
Refinance. |
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| Maximum term | 30 years, shorter terms available |
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| Repayments | Principal and interest, interest only
Frequency: Fortnightly or monthly |
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| Property requirements |
Registered First Mortgage over Torrens, Strata or Old System title. Company title only in exceptional circumstances. |
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| Loan-to-Property Valuation Ratio (LVR) |
- Maximum Loan-to-Property Value Ratio (LVR) is 95%.
- Lenders Mortgage Insurance (LMI) required if LVR exceeds 80%.
- For refinance transactions, a maximum LVR of 90% applies (including Lenders Mortgage Insurance costs).
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| Specific fees |
- Establishment Fee $600 (Conditions Apply).
- Annual Package subscription fee is $395.
- An Early Repayment Fee of 0.75% of the peak debt applies if the loan is repaid within the first 3 years.
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| Other characteristics |
- The Gold Pathway Home Loan is available for new business only.
- 100% loan offset (transaction account) with free Visa debit access or loan redraw is available on the variable loan option only.
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