The Commercial and Rural Mortgage Professionals
 
 
Home - Residential and Rural Residential
             Property Loans
 
Mortgage Product Information Sheet
Freehold Residential/Rural Residential Properties
   
LOCATION OF SECURITY PROPERTIES
Residential Dwellings/Vacant Land: Major population areas and regional centres
Rural Residential With Dwelling/Vacant Land: Close to regional centres
   
LOAN AMOUNTS
Minimum: $150,000 Maximum: $3,000,000
 
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%
   
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.
   
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.
   
SERVICING CAPACITY
Residential Dwellings/Vacant Land: Major Population Areas Flexible
  Regional Centres Proof Required
Rural Residential: Improved, with Dwelling Flexible
  Vacant Land Proof Required
   
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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