Virgin Money
Virgin Money

Reward Me Home Loan Interest Only (Investment) - 10,000 points for every $100k borrowed

Variable Rate
3.34% p.a.
Comparison Rate*
3.38% p.a.
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  • But a big benefit of a VMA home loan is that we offer ongoing Velocity Points for the life of the loan:
  • 1. 10,000 Points for every $100,000 drawn on settlement
  • 2. A further 1,000 Velocity Points per loan account every month (so if customer has a loan split fixed and variable they’ll get 2,000 points every month.
  • 3. 30,000 Velocity Points every 3 years just to say thanks for sticking with us

Key Features
Loan Type
Variable
Min Loan
Max Loan
$750,000.00
$2,000,000.00
Application Fee
$300.00
Borrow upto
of property value
60%
Ongoing fee
$10.00 Monthly
Redraw Facility
Offset Account

Loan Details

Loan Type Variable
Security Type
Availability Investors
Repayment Options Interest Only
Repayment Frequency
Min Loan Term 1
Max Loan Term 30
Max Loan to Value Ration (LVR) 60%
Max LVR with Mortgage Insurance 60%
Min Loan Amount $750,000.00
Max Loan Amount $2,000,000.00
Interest Rate Notes

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee -
Mortgage Offset Available
Mortgage Offset 100%