Vantage FastTrack Offset Home Loan
The Vantage FastTrack Offset Home Loan is one of only a few loans that don't
require genuine savings and allows you to borrow up to 90% of the value of the
property. It comes with a 100% interest offset facility and the option to remove
the annual fee.
Vantage FastTrack Offset Home Loan
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Mortgage interest rate:
6.49% p.a.
with an annual fee (comparison rate
7.11%
p.a.)
-
Mortgage interest rate if
6.59% p.a.
without an annual fee (comparison rate
6.87%
p.a.)
-
Available as a Fixed, Variable, Split or Interest Only home loan.
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100% interest offset account
-
30 years
home loan terms
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Includes a Visa debit card
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Includes a cheque book
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FREE home loan application (for a limited time)
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FREE valuation for a limited time only (up to the value of $300)
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Suitable for home loan amounts between $10,000.00
and $750,000.00
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The Comparison Rate for each of the home loan products contained in this page is based on a loan of $150,000 over a 25 year term. Fees and charges may be payable.WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Features
The Mortgage House Vantage FastTrack Offset Home Loan includes the following
features:
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Suitable for home loan amounts between $10,000.00
and $750,000.00.
-
Ability to borrow up to
90%
of the value of the property for owner occupied or borrow up to
85%
for investment properties
-
Ability to capitalise Lender's Mortgage Insurance in addition to the 90% loan
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24/7 internet access to your home loan account
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100% interest offset account
-
Extra mortgage repayments permitted without charge
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Interest calculated daily and charged monthly
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4 free splits
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Visa debit card
-
Cheque book
-
30 years
loan terms available
Options
Available options on the Mortgage House Vantage FastTrack Offset Home Loan Home
Loan include:
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Variable Interest Rate
-
Fixed Interest Rate
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Split Home Loan (4 free splits, borrower may request additional splits)
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Principal and interest home loan
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Interest Only period available for up to 10 years
Suitability
The Mortgage House Vantage FastTrack Offset Home Loan is suitable for:
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First home buyers
that can obtain a 10% deposit. This deposit can be made up of savings,
government grant, gift, credit card, tax return, loan etc. No genuine savings
are required for this loan.
-
Property Investors looking for an interest only loan and can
borrow up to
85%
of the property's value.
-
Homeowners wanting to refinance their current home loan and who may also want
to start making preparations for wealth creation, using
their home equity.
-
Next home buyers
that want to add an offset account providing them with an opportunity to reduce
the amount of interest they pay and also reduce the term of the home loan.
-
Customers looking to refinance their mortgage with the purpose
of debt consolidation
of items such as car finance, credit cards or personal debt
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Companies and Trusts requiring a home loan or wanting to
refinance their mortgage
Access
You can access the funds in your Mortgage House Vantage FastTrack Offset Home
Loan Account via:
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Unlimited free internet redraws (to a nominated account)
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Electronic link to nominated accounts(s)
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Cheque book
-
Debit card (VISA)
Repayments
The Mortgage House Vantage FastTrack Offset Home Loan offers the following
mortgage repayment options:
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Free Direct Credit - ability to pay any 3rd party from your offset account
-
Free Direct Salary Crediting - you can have all or part of your pay directly
deposited into your offset account weekly, fortnightly or monthly.
-
Unlimited Free Direct Debit - borrowers can have their mortgage repayments
drawn from a nominated bank account weekly, fortnightly or monthly
Where to go from here:
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