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Performance Plus Loan from 3.99% p.a.^(4.28%p.a* Comparison rate)
Residential & Commercial Specialist Lending

At La Trobe Financial, we know high performance, and understand that high performance should be recognised. Our residential Performance Plus Loan is a full-featured loan that caters for purchase, refinance (incl. debt consolidation), cash-out and business/investment purposes, and importantly, rewards borrowers for performance via an annual interest rate rebate.

This product is exclusive for direct retail clients only.

3 reasons to deal with
La Trobe Financial
for your loans ...

Choice
Broadest Products

Good Value for Money
No Risk or Equalisation fees ≤ 80% LVR

Product Details:

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Product Name Full Doc Lite Doc®
Current Rate (owner occcupied)^ 3.99% p.a. variable (effective rate of 3.79% p.a. if performance + rebate earned) 4.99% p.a. variable (effective rate of 4.79% p.a. if performance + rebate earned)
Current Rate (investment)^ 4.29 p.a. variable (effective rate of 4.09% p.a. if performance + rebate earned) 5.29 p.a. variable (effective rate of 5.09% p.a. if performance + rebate earned)
Comparison Rate* 4.28% 5.28%
Security Type Residential Security Residential Security
Loan Purpose Any worthwhile purpose (incl cash out) Any worthwhile purpose (incl cash out)
Verification Required Last 2 pay slips and employment reference or last 2 years financials Accountant's certification & Borrower declaration
Personal or Business/Investment Purposes Both Both
Minimum Loan Amount $100,000 $100,000
Maximum Loan Amount $1,000,000 $1,000,000
Maximum LVR 95% 95%
Lenders Mortgage Insurance required Yes ≥ 80% LVR Yes ≥ 80% LVR
Maximum Loan Term 30 Years 30 Years
Repayment Type Principal & Interest Principal & Interest; and Interest Only
Maximum Interest Only Term n/a 5 Years reverting to P&I (+0.30% p.a. step up to interest rate)
Interest Rate Type Variable Variable
Redraw Available Yes (no charge) Yes (no charge)
Application Fee (excl. Val. & Legal Fees) $995 $995
Risk Fee $0 $0
Additional Repayments Yes Yes

Product Terms:



(12 Month Term Account
accumulator annual redemption option)

At the end of every month, if your account is up to date we will rebate interest charged equivalent to 0.20% p.a. to our 12 Month Term Investment Account (currently earning 5.05% p.a.) held in your favour. The rebated amounts will accumulate each month and earn additional interest for you until you choose to redeem it (annual option to redeem on 1 November each year).



(Annual rebate to 12 Month Term Account annual redemption option)

Each year on the anniversary of your loan, if your account was maintained satisfactorily for the previous 12 month period, an amount equivalent to interest charged at 0.20% p.a. will be rebated to our 12 Month Term Account (currently earning 5.05% p.a.) held in your favour. This amount may be redeemed or left to accumulate each year in order to build your investment.



(Annual rebate to Loan Account)

Each year on the anniversary of your loan, if your account was maintained satisfactorily for the previous 12 month period, an amount equivalent to interest charged at 0.20% p.a. will be rebated to your loan account which may be accessed via your redraw or left as "ahead repayments" reducing future interest charges.

What should I do next?

Borrower Calc

STEP 1

See How Much You Can Borrow


View Calculator >
or
Call 13 80 10
Apply Online

Step 2

Manually Apply with Forms


For Loan Application and Income Verification forms, click here
  1. A Loan Application form
  2. A Verification of Identity
  3. One of the following Income Verification Certificates based on if you are self employed or a PAYG employee:
    1. Self Employed Accountants Certificate (SEBAC)
    2. PAYG Employer Salary Confirmation (PAYG-C)
    3. Self Employed Borrowers Repayment Declaration (SEBRD)
Or call 13 80 10