Summit
home loansAll of our loans come with Loan Service Net, an internet based system where you can access loan statements and your redraw facilities.
We offer a customer service line, where you can call and speak with a real person (no touch phones or keying in numbers).
Your call is usually answered within 3-4 rings by a person who can immediately assist you with your enquiry.
| STANDARD VARIABLE RATE A Fully featured loan product for all borrowers |
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PURPOSE |
Owner occupied or investment property purchases, re-financing existing residential or investment or business loans |
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LOAN SIZE |
From $30,000 to $2,000,000 |
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TERM |
Up to 30 Years |
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REPAYMENTS |
Principal and Interest or Interest Only for 2,3,5 or 10 years |
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FREQUENCY |
Weekly, fortnightly or monthly. Extra repayments can be made on variable loans at any time at no cost |
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CONVERT TO FIXED RATE |
All or part of the loan can be converted to a fixed rate at any time at no cost (subject to maximum of 4 a/c) |
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SPLIT LOAN FACILITY |
Up to 4 separate splits per facility. Transfer funds between splits using Inter Account Payment facility |
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RE-DRAW FACILITY |
Unlimited re-draw at no cost. Minimum re-draw $50 when using Loan Service Line or Loan Service Net for all variable rate loans |
| FEES | No Monthly administration or ongoing fees |
| FASTDOC 80 Specially designed for those people in business not wanting to disclose their income. The same fully featured loan as our standard variable loan but without all the paperwork. |
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PURPOSE |
Owner occupied or investment property purchases, re-financing existing residential or investment or business loans |
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LOAN SIZE |
From $30,000 to $750,000 |
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TERM |
Up to 30 Years |
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REPAYMENTS |
Principal and Interest or Interest Only for 2,3,5 or 10 years and Line of Credit 15 Years |
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FREQUENCY |
Weekly, fortnightly or monthly. Extra repayments can be made on variable loans at any time at no cost |
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CONVERT TO FIXED RATE |
All or part of the loan can be converted to a fixed rate at any time at no cost (subject to maximum of 4 a/c) |
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RATE DISCOUNT |
Rate may be discounted automatically by 0.6% after 2 years if it is determined that your loan has been repaid satisfactorily |
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SPLIT LOAN FACILITY |
Up to 4 separate splits per facility. Transfer funds between splits using Inter Account Payment facility |
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RE-DRAW FACILITY |
Unlimited re-draw at no cost. Minimum re-draw $50 when using Loan Service Line or Loan Service Net for all variable rate loans |
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MAXIMUM LVR |
80% for all loans up to $750,000 (conditions apply) |
| FEES | No Monthly administration or ongoing fees |
| FASTDOC 65 A special facility mainly for business loans for those not wanting to disclose their income details |
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PURPOSE |
Predominantly Investment or Business purposes but may include minority personal purpose |
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LOAN SIZE |
From $30,000 to $500,000 |
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TERM |
Up to 30 Years |
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REPAYMENTS |
Principal and Interest or Interest Only for 2,3,5 or 10 years and Line of Credit 15 Years |
|
FREQUENCY |
Weekly, fortnightly or monthly. Extra repayments can be made on variable loans at any time at no cost |
|
CONVERT TO FIXED RATE |
All or part of the loan can be converted to a fixed rate at any time at no cost (subject to maximum of 4 a/c) |
|
RATE DISCOUNT |
Rate may be discounted automatically by 0.6% after 2 years if it is determined that your loan has been repaid satisfactorily |
|
SPLIT LOAN FACILITY |
Up to 4 separate splits per facility. Transfer funds between splits using Inter Account Payment facility |
|
RE-DRAW FACILITY |
Unlimited re-draw at no cost. Minimum re-draw $50 when using Loan Service Line or Loan Service Net for all variable rate loans |
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MAXIMUM LVR |
65% for all loans |
| FEES |
No Monthly administration or ongoing fees |
| NON RESIDENT INVESTMENT LOAN The same fully featured loan as all our other loans but designed especially for new entrants into the Australia. |
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PURPOSE |
investment property purchases, re-financing existing investment loans |
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LOAN SIZE |
From $30,000 to $500,000 per security |
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TERM |
Up to 30 Years |
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REPAYMENTS |
Principal and Interest or Interest Only for 2,3, 5 or 10 years |
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FREQUENCY |
Weekly, fortnightly or monthly. Extra repayments can be made on variable loans at any time at no cost |
|
CONVERT TO FIXED RATE |
All or part of the loan can be converted to a fixed rate at any time at no cost (subject to maximum of 4 a/c) |
|
SPLIT LOAN FACILITY |
Up to 4 separate splits per facility. Transfer funds between splits using Inter Account Payment facility |
|
RE-DRAW FACILITY |
Unlimited re-draw at no cost. Minimum re-draw $50 when using Loan Service Line or Loan Service Net for all variable rate loans |
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MAXIMUM LVR |
80% for all loans up to $300,000 (conditions apply) 75% for all loans up to $500,000 (conditions apply) |
| FEES | No Monthly administration or ongoing fees |
