Non Bank Funding- Fixed Interest Rate
Application fee: From $495.
Establishment Fee: From 1.25%
Rate: 15% pa. fixed.
Term: 2- 24 months
LVR: up to 70%.
Interest can be included in the loan or payable monthly
Legals: $2,200 (higher for complex structures)
Valuation: At Cost
Settlement Time frame: 2 weeks.
No Monthly Fees
No Admin Fees.
No Fuss.
Why is a fixed rate so great? A lot of our competitors will quote a rate that is in line with the RBA cash rate... That means when there are rate rises they will apply to the repayments for the loan, often leaving the borrower with larger monthly repayments, or if the interest is capitalised; with more to pay out at the end of the term...
Please contact Melissa Ashcroft
Melissa@aaamoney.com.au