Equity Platinum Home Loan
The Equity Platinum mortgage is our premium home loan featuring a
competitive interest rate with the advantage of borrowing up to
90%
of the property price. Comes with a $1500 cash back!
Equity Platinum Home Loan
-
Full doc interest rate of
7.20% p.a.
(comparison rate of
7.11%
p.a.)
-
Low doc interest rate ranges between
8.35% p.a. -
8.90% p.a.
(comparison rate ranges from
8.26%
p.a. -
8.80%
p.a.)
-
Borrow up to
90%
of the property's value (Full Doc)
-
Borrow up to
70%
of the property's value (Low Doc)
-
Up to 30 years
loan terms
-
Suitable for home loan amounts between $200,000.00
and $2,000,000.00
-
Free home loan application and property valuation for a limited time (Save over
$300!)
-
$1500 cash back!
-
No weekly, monthly or annual fees
-
Free
Mortgage Minimisation Software
(E-Tracka)
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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 Equity Platinum home loan is loaded with features including:
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$1500 cash back on settlement of the home loan
-
Unlimited Free redraw facility
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Interest only period available up to 5 years
-
100% interest offsetting capabilities
-
Unlimited Free premium transactions
-
24/7 internet access to account
-
Portability - take your mortgage with you when you move saving on exit fees and
loan stamp duty
-
Equity release
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Ability to be used as Bridging finance
-
Interest calculated daily and charged monthly
Options
Available options on the Mortgage House Equity Platinum Home Loan include:
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Fixed interest rate
-
Variable interest rate
-
Split home loan (20 free splits)
-
Principal and Interest home loan repayments
-
Interest Only period of up to 5 years
-
Revolving Line of Credit
Suitability
The Mortgage House Equity Platinum home loan is suitable for:
-
First home buyers and next home buyers
who want a home loan with all the features including the ability to use their
mortgage like a bank account with a BSB and account number
-
Homeowners whose circumstances have changed and want to refinance their
current
home loan
-
Home buyers moving into their next property who require bridging finance
-
Self Employed
customers with an ABN who require the extra flexibility of a Line of Credit
accompanied with full transactional options
-
Customers looking to refinance their mortgage with the purpose of debt
consolidation
of items such as car finance, credit cards or personal debt
-
Trusts and Companies
Access
The Mortgage House Equity Platinum home loan allows you to access your funds in
the following ways:
-
3rd party direct debit allows organisations to automatically debit from your
account, ie pay water bill
-
Credit card sweeps automatically clear your credit card and pay recurring bills
every month from your mortgage account. To maximise the interest savings of
having your income deposited 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.
-
Unlimited free online redraws to a nominated account
-
Pay-Anyone - EFT (money directly out of your home loan)
-
Same day redraw (telegraphic transfer)
Repayments
The Mortgage House Equity Platinum home loan has several mortgage repayment
options:
-
Free direct credit - available to any 3rd party institution
-
Free direct salary crediting enables you to have your income directly deposited
into your mortgage account
-
Unlimited free direct debit - borrowers can have their home loan repayment
drawn from a nominated bank account each week, fortnight or month
-
Bpay In (money directly credited to your home loan)
-
Principal and Interest home loan repayments to 30 years
Where to go from here:
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