Loan Purpose:

For refinance or purchase of vacant land

Minimum Loan Amount:

From $50,000 to $600,000

Loan Term:

From 15 - 40 Years

Repayment Options:

Interest Only Option        1-10 Years
Fixed Interest Option      1-5 Years (Full Doc)
Fixed Interest Option      1-3 Years (LoDoc)

Frequency:

Weekly, Fortnightly, Monthly

Split Loan Facility:

Unlimited (Minimum $10,000)

Re-Draw Facility:

Yes

Payment Facilities:

1. Inward Direct Debits
2. Inward Direct Credits
3. Internal Portion Transfers
4. Deposit Book Payments Available
5. Inward BPay
6. 3rd Party Direct Debits Out
7. Loan Access System/Telephone Banking

Maximum Loan Amount of property value :

Between 70% - 90% options available

Fees:

No Monthly Fee

LMI Premium Payable By:

Lending Crtieria Applies

Other Conditions:

1. The land can be no more than 5 acres (2.2 hectares) in size and must be fully serviced