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Our Residential Loan Solutions for Parent-2-Child (P2C®) Borrowers from 2.50%^ p.a.

This first home assistance loan offers a unique way of reducing the pressure on children wishing to purchase their own property. P2C® enables children to enter the housing market without the need to ask mum and dad to put their wealth at risk through bank guarantees, or further mortgages against the parental primary or other residences.

First Home Owner (P2C®)

Current Rate^: from 2.50%^

Comparison Rate*: N/A

Security Type: Residential security (Parent discounted 2nd mortgage covering deposit)

Loan Purpose: Residential property: purchase and/or debt refinance and/or debt consolidation and/or equity release

Verification Required: Full or Lite Doc® methods

Personal or Business/Investment Purposes: Both

Minimum Loan Amount: $100,000

Maximum Loan Amount: $5,000,000 (60% LVR)

Maximum LVR: 105% of property purchase price

Lenders Mortgage Insurance required: No < 80% LVR (saving you thousands in LMI)

Maximum Loan Term: 25 Years

Repayment Type: Principal & Interest

Interest Rate Type: Variable

Redraw Available: No

Application Fee (excl. Val. & Legal Fees): from $1,000

Risk Fee: $0

Additional Repayments: Yes

Current Rate^: from 2.50%^

Comparison Rate*: N/A

Security Type: Residential security (Parent discounted 2nd mortgage covering deposit)

Loan Purpose: Residential property: purchase and/or debt refinance and/or debt consolidation and/or equity release

Verification Required: Full or Lite Doc® methods

Personal or Business/Investment Purposes: Both

Minimum Loan Amount: $100,000

Maximum Loan Amount: $5,000,000 (60% LVR)

Maximum LVR: 105% of property purchase price

Lenders Mortgage Insurance required: No < 80% LVR (saving you thousands in LMI)

Maximum Loan Term: 25 Years

Repayment Type: Principal & Interest

Interest Rate Type: Variable

Redraw Available: No

Application Fee (excl. Val. & Legal Fees): from $1,000

Risk Fee: $0

Additional Repayments: Yes

CONSUMER ADVISORY NOTE

Other Loan Options

Employed
 

Tailored towards employed Australians, offering flexible features to suit your needs.

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SMSF
 

Suited for those looking to invest in residential property as part of their superannuation portfolio.

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Self-Employed
 

Specifically tailored to support the self-employed community offering alternative options for income verification.

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Rural
 

Our Rural loan product assists borrowers to purchase or refinance non-metro rural properties (typically from 25 to 100 acres in size) for personal or investment purposes.

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Commercial Solutions

Our Commercial loan products suit both PAYG and self-employed borrowers looking to purchase, refinance or access equity using commercial property.

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La Trobe Financial aims to make insurance easy with a range of quality general insurance products tailored to suit your needs.

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Contact
 

We’d love to hear from you. Use the form or call 13 80 10.

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