Residential & Commercial Specialist Lending
Our Rural-Resi loan product assists borrowers to purchase or refinance non-metro rural properties of up to 200 acres for personal or business/investment purposes. Our Rural-Commercial product assists borrowers purchase or refinance non-metro rural properties over 100 acres for personal or business investment purposes.
|3||reasons to deal with
La Trobe Financial
for your loans ...
Good Value for Money
No Risk or Equalisation fees ≤ 80% LVR
|Product Name||Rural Residential||Rural Commercial|
|Current Rate^||5.69 - 8.59%^||8.99%^|
|Security Type||Rural-Resi ≤ 100 acres||Rural > 100 acres|
|Loan Purpose||Purchase, Refinance and Debt consolidation for personal or business/investment purposes.||Purchase, Refinance and Debt consolidation for personal or business/investment purposes.|
|Verification Required||Full or Lite Doc® methods||Full or Lite Doc® methods|
|Personal or Business/Investment Purposes||Both||Both|
|Minimum Loan Amount||$100,000||$100,000|
|Maximum Loan Amount||$1,500,000||$5,000,000|
|Lenders Mortgage Insurance required||No||No|
|Maximum Loan Term||30 Years||5 Years|
|Repayment Type||Principal & Interest||Interest Only|
|Maximum Interest Only Term||30 Years||5 Years|
|Interest Rate Type||Variable||Variable|
|Application Fee (excl. Val. & Legal Fees)||from 0.75% of the loan amount||from 1.25% of the loan amount|
Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply. ^ Depends on the loan amount, LVR and/or risk grade of the borrower.
CONSUMER ADVISORY NOTE
Maximum loan amounts and LVRs may vary based on security offered
* The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply.
^ Depends on the loan amount and risk grade of borrower.