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Free Home Loan Application

for a limited time only

Available Options

• Fixed Interest Rates
• Variable Interest Rates
• Split Home Loan
• Principal and Interest home loan repayments
• Interest Only home loan repayments

Loan Amounts

• Minimum home loan size $50,000. Maximum home loan size $2,000,000.
• Maximum Loan to Value Ratio 90% Full Doc home loans (exclusive of Lender's Mortgage Insurance)

Interest Rate

Full Doc - 7.05%. (comparison rate 7.20%)

Low Doc - 7.90% up to 60% Loan to Value Ratio.
(comparison rate 8.05%)

The comparison rate for each of the home loan products contained in this document is based on a secured loan of $150,000 over a term of 25 years. A Comparison Rate Schedule is available at the premises of Mortgage House of Australia Pty Ltd at Level 1, 9-13 Argyle Street, Parramatta or any of its agents or branches.

NOTE: This 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.

How to Access Your Funds

• 3rd Party Direct Debit (money directly out of your home loan)
• Credit Card Sweep
  this allows you to automatically clear your credit card and pay recurring bills every month from your mortgage account. To maximise the interest saving benefits of having your income paid directly into your home loan, simply pay your bills and carry out your normal banking transactions through the credit card, which is automatically cleared at the end of the month and added to your home loan. (Available for variable loan component only)
• Offset Account on Request
• 3rd Party Protocol Friendly
  Allowing organisations to automatically withdraw money, ie pay phone bill
• Same day redraw (telegraphic transfer)
• Unlimited Free Internet Redraws (to nominated account)

Repayments

• Free Direct Credit - Available to any 3rd party institution
• Free Direct Salary Crediting
  You can have all or part of your pay directly deposited into your home loan account weekly, fortnightly or monthly
• Unlimited Free Direct Debit
  Borrowers can have their home loan repayment drawn from a nominated bank account weekly, fortnightly or monthly
• Principal and Interest home loan repayments to 30 years
• Interest Only home loan repayments to 5 years

Family Pledge

Suited to borrowers, especially first home buyers with no deposit, who have an immediate family member that is willing and able to offer security support. Allows borrowers to own their own home sooner by allowing them to borrow the full purchase price plus up to an additional 10% to cover costs

• Provides access to finance for full purchase price, plus an additional 10% to cover other costs such as stamp duty, renovations or setting up your home
• No deposit or genuine equity required
• Discounts may be available for first home buyers
• Available for a range of purposes including Home Loans, Bridging Finance, Debt Consolidation and Construction

Split Loans

• First 4 splits are free of charge
• Borrower may request additional splits

Portability and Flexibility

• When you decide to move house you can take your home loan with you. Any home loan may be transferred to another acceptable residential property, saving you on loan stamp duty.
• Mortgage documentation, legal fees and valuation charges still apply. Transfers are subject to insurance and lender's approval.

Application Fee

• FREE for a limited time only

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