Advantage Rate Home Loan |
Printable Version |
The MyLoan MyWay Advantage Rate Loan is a variable rate loan with a very competitive rate. Unlike other lenders offering discounted interest rates, the Advantage Rate Loan is fully featured and includes unlimited free redraws, no fees, salary crediting and flexible repayment options.
Low Rates, No Fees*
A fully featured variable rate loan that let’s you access one of the lowest fully featured variable interest rates available.
This Advantage Rate Loan could be the perfect home loan if you are:
- A first home buyer
- A person who wants to renovate their existing home
- Looking for a better home loan deal or consolidating debt
- An investor looking for a competitive variable rate loan
Advantage Rate Home Loan Features *
Our Advantage Rate Home Loan is packed with flexible features. Here are some of them…
| Loan Amounts |
$50000.00 to $2000000.00 Minimum of $25000.00 in combination or split. |
| Interest Rate Type | Variable rate only |
| Term | 10 to 30 years |
| Repayment Type | Principal and Interest (amortising) or Interest only up to 5 years |
| Combinations and Splits | Can split advantage rate up to 4 accounts (will consider more) or combine with Fixed Rate Loan or Line of Credit loans |
| Repayment Options | Direct Debit either monthly or fortnightly Salary crediting Internet or telephone transfers from pre-nominated account for additional repayments |
| Additional Repayments | Allowable with no limit on variable rate loans |
| Redraw Facility | No minimum redraws via Internet or telephone banking to pre-nominated account |
| Withdrawals | Cash withdrawals not available other than electronic transfers as above |
| Salary Crediting? | Yes |
| Ability to Switch | Can switch all or part of loan limit to another product |
| Statement Issued | P&I Quarterly, I/O Monthly |
| Other Fees | Nil |
| Substitution | Can substitute security within loan limit |
*No fees on standard applications above $500,000, terms and conditions apply.
* While we have taken all reasonable care in producing this information, we do not promise that it contains all the information you need to answer all your questions. All product details, interest rates, terms, conditions and other information may change at any time without notice.
Call us now to speak to one of our experienced home loan professionals and we will work out how much we can SAVE you by doing it the NEW WAY! Or Click here to apply right now.
Quick Home Loan Approval
 |
Get your Loan pre-approved in just 2 minutes!
|
Compare & Save
 |
Compare our rates and fees and SAVE thousands!
|
Loan Calculators
 |
Find out how much you can borrow!
|
News
- Firstfolio on the march
January 7, 2010 | 8:21 pmFirstfolio Limited, parent company of myloanmyway, kicked off 2010 having completed three acquisitions of home loan groups and signed off on a major distribution deal.
-
Archive for News »