Mortgage Product Information Sheet |
Freehold Residential/Rural Residential Properties |
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| LOCATION OF SECURITY PROPERTIES |
| Residential Dwellings/Vacant Land: |
Major population areas and regional centres |
| Rural Residential With Dwelling/Vacant Land: |
Close to regional centres |
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| LOAN AMOUNTS |
| Minimum: $150,000 |
Maximum: $3,000,000 |
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| MAXIMUM LOAN TO VALUATION RATIO’S |
| Residential Dwellings – Major Population Area: |
75% |
| Residential Dwellings – Regional Centres |
70% |
| Residential Vacant Land – Major Population Area |
60% |
| Residential Vacant Land – Regional Centres |
55% |
| Rural Residential With Dwelling |
65% |
| Rural Residential Vacant Land |
50% |
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| INDICATIVE INTEREST RATES (*Subject to change without notice) |
| Residential Dwellings |
Fixed From: 11.50% p.a. |
| Residential Vacant Land |
Fixed From: 11.50% p.a. |
| Rural Residential With Dwelling |
Fixed From: 11.50% p.a. |
| Rural Residential Vacant Land |
Fixed From: 11.50% p.a. |
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| PAYMENT AND TERM OPTIONS |
Interest only, monthly in arrears over 1 to 2 years, renewable. |
Principal and Interest, available in some instances, up to 20 years. |
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| SERVICING CAPACITY |
| Residential Dwellings/Vacant Land: |
Major Population Areas |
Flexible |
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Regional Centres |
Proof Required |
| Rural Residential: |
Improved, with Dwelling |
Flexible |
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Vacant Land |
Proof Required |
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| LOAN FEES AND COSTS |
| Establishment Fees: |
1% of loan plus GST |
| Valuation Fees: |
By Quote |
| Legal Fees: |
By Quote |
Please Note: Australian Mortgage Funding & Management Pty Ltd do not fund "Consumer
Credit Code" loans.
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