YBR

Self Managed Super details

Loan amount $150,000 up to $1,000,000
Loan term 30 years, shorter loan periods can be requested post settlement.
Maximum 'Loan to Value Ratio' (LVR) 80%
Permitted purposes Purchase or refinance of an existing residential investment property. Refinance transactions only for those properties currently held within an SMSF structure.
Number of accounts Maximum of 2 accounts is permitted under this facility.
Offset account
Global borrowing limit
Repayment type Principal and Interest or Interest Only payments for up to the first 5 years.
Additional payments (variable accounts) Unlimited, without cost. Additional payments must be made by the SMSF.
Option to fix All or part of the loan can be fixed at any time without cost. Fixed rate terms are available from 1 through to 5 years.
Rate lock A free rate lock is offered on all fixed rate applications to protect you from interest rate movements between formal approval and settlement. Rate is only locked once your loan is formally approved a
Additional payments (fixed accounts) Up to 5% of the initial account balance each year without penalty. Break costs may apply if additional repayments made beyond these limits.
Interest in advance option
Construction option
Family guarantee option
Loan Access
  • Internet and phone banking available.
  • Loan payments can be made via Direct Debit, Salary Credit & Over the counter deposits at Australia Post.
  • Redraw and transactional functionality not permitted.

Rates

Fees

Application fee $500
Documentation fee Payable for solicitors costs over $300*
Valuation fee Nil (single property, terms and conditions apply)
Account management fee Nil
Mortgage discharge fee $400
Construction administration fee N/A
Other fees are payable, full details covered in mortgage documentation.

Other terms and conditions

Refer to the Comparison Rate Schedule.

All lending rates quoted on this website are for new owner-occupied applications only (unless otherwise stated). Existing customers should always refer to their loan contract or internet banking / customer service for their current rates, terms and conditions.

The above rates are subject to change. Fees and charges are payable. Terms and conditions are available from your local branch.

* Additional charges may be payable for complex transactions or more than one security property.