Secured Overdraft / Home Equity
HomeEquity
$20,000
$9,999,999
$595.00
80%
$12.50
Monthly
Loan Details
Security Type
ResidentialProperty
Availability
Owner Occupiers, Investors
Repayment Options
Principal & Interest
Repayment Frequency
Weekly, Fortnightly, Monthly
Min Loan Amount
$20,000.00
Max Loan Amount
$9,999,999.00
Max Loan to Value Ration (LVR)
80%
Max LVR with Mortgage Insurance
80%
Features
Loan is Transferable (Portable)
Mortgage Offset Available
Split Account
Max No. of Accounts for Split
0
Separate Statements for Split
Fees
Early Termination Fees (3 Year Cost)
$0
Early Termination Fees (5 Year Cost)
$0
Let others in on the deal
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About bankmecu
bankmecu is a new kind of bank in Australia – a customer owned bank. This means we put our customers first because they also own the bank. We pride ourselves on personal service. We also return benefits to our customers in the form of better interest rates and lower fees. In 2010 our customers were collectively $31 million better off than they would have been if they banked with Australia’s big banks. We also offer our customers a more responsible approach to banking.
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