Intelligent Mortgage Introductory Offer 1 Year Fixed

Lock in our discounted interest rate for 1 year. (For new money only)
Category: Home Loans  Last Updated October 4, 2024  Effective December 18, 2024

 General Lending Rates

Rates listed below are for a VARIABLE P&I product. Additional Information
Interest Rate
6.19% PA
Comparison Rate
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , VARIABLE, 6.19%
  • Lending Rate Type: Variable
  • Interest Rate: 6.19%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:

 Product Features

  • Redraw
  • Offset
  • Unlimited Txns
  • Digital Banking
  • Npp Enabled
  • Npp Payid
  • Notifications
  • Other Additional Information: Additional repayments allowed during the fixed term up to $10,000. Early payout incurs break costs.
  • Other Additional Information: Automatic Repayments can be set up from salary, LCU account, or external account
  • Other Additional Information: Flexible repayments. Weekly, fortnightly or monthly
  • Other Additional Information: No ongoing Fees. No annual, monthly or weekly fees
  • Other Additional Information: Family Guarantee. Need help with your deposit? Talk to LCU about getting the bank of mum and dad to help out.
  • Other Additional Information: Interest calculated daily and applied monthly
  • Other Additional Information: Repayment type Principal and Interest
  • Other Additional Information: Application fee of $200 payable on Funding of your loan

 Product Eligibility

  • Natural Person
  • Residency Status - At Least One Borrower Must Be An Australian Resident. .
  • Min Age - 18.
  • Employment Status - Income Required To Service Loan. Applicant Must Meet Lcu Lending Criteria. Additional Information:
  • Other Additional Information: Security on Australian Residential Property (Ist mortgage)
  • Other Additional Information: Maximum borrowing capacity (LVR) is 80% of valuation, 70% for land or rural properties, with no LMI or 95% with LMI
  • Other Additional Information: Minimum Loan Term 1 year.
  • Other Additional Information: Maximum loan term. Loan will be renegotiated at the end of the term - max 30 years
  • Other Additional Information: Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you choose to close your account.
  • Other Additional Information: New money only

 Bank Fees and Charges

  • Valuation Fee (Variable), Amount: 0.00.
  • Solicitors Fees (Variable), Amount: 0.00.
  • Registration Fees (Variable), Amount: 0.00.
  • Pexa Electronic Lodgement Fee (Variable), Amount: 0.00.
  • Contract Variation Fee (Event), Amount: 200.00.
  • Mortgage Discharge Fee (Event), Amount: 200.00.
  • Mortgage Discharge Solicitors Fee (Variable), Amount: 0.00.
  • Ipex Transfer Fee (Variable), Amount: 0.00.
  • Bank Cheque For Settlement (Variable), Amount: 0.00.
  • Lenders Mortgage Insurance (Variable), Amount: 0.00.
  • Other Certificates And Reports (Variable), Amount: 0.00.
  • Land Title Search (Variable), Amount: 0.00.
  • Consent For A Second Mortgage (Variable), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Limit of 350000.00
  • Max Limit of 2800000.00