Newcastle Permanent Home Loans and Mortgages
Newcastle Permanent Home Loans and Mortgages
Newcastle Permanent is a reliable home loan and mortgage solution and alternative to standard commercial banks. As a financial institution specialising in home loans, many individuals have made Newcastle Permanent their mortgage lender of choice.
Loans On Offer
Loans currently offered to clients are as follows:
- Real Options:
- Real Deal loan
- Real Equity loan
- Real Options loan
- Intro Rate Home Loan
- Premium Options:
- Premium Variable loan
- Premium Plus Variable Package
- Premium Plus Line of Credit
- Fixed Rate Home Loan
- Combination loan
- Bridging Loan
There are various home loan options available to clients, each with their own unique set of features which can be scrutinised when visiting the Newcastle Permanent website.
Key Features
Typically, new loans have the following key features:
- Ideal for:
- New purchases
- Refinancing
- Investment
- Bridging loan
- Construction
- Renovating
- Interest rate options:
- Variable
- Fixed
- Combination
- Minimum loan from $0 to $250,000
- Up to 30 years loan term
- Can be combined with other loan types
- Available redraw facilities, except for:
- Bridging loan
- Fixed term loans
- Available mortgage offset accounts
- Additional repayments allowed
- Repayment frequency:
- Once a month
- Once a week
- Every 2nd week
Both the Real Equity and Premium Line of Credit loans have no set repayment frequency, with the Bridging loan only having a repayment criterion at the end of the loan term.
It is therefore important to remember that each loan option is subject to unique qualifying and repayment criteria, and that the above information provided is a general overview of what is offered by Newcastle Permanent.
Possible Fees
Although some of the loans waiver fees, certain loan applications may be levied with specific fees including, but not limited:
- Up to $600 Loan Fees
- Up to $500 Account keeping fees
It must, however, be stressed that the fees mentioned above are the maximum levied to specific account, and may not even be applicable to your choice in loan.
Home Loan Calculators
When considering a loan through Newcastle Permanent, use the available online calculator to determine both the amount you may qualify for, and the possible repayment instalment you may face. This tool is very user friendly and best of all, it is free!
Eligibility Criteria
In order to qualify for a loan, individuals will be screened against the Newcastle Permanent standard procedures. Primarily, this will include income levels, instalment repayment feasibility, age and current credit record.
Final Word
Newcastle Permanent home loans and mortgages on offer may just be the perfect match for you. Compare various loan options against your personal circumstances, and take advantage of the various discounts and promotions on offer while they last.
Related posts:
- Newcastle Permanent Premium Plus Package LOC $750k plus
- Newcastle Permanent Premium Plus Package LOC
- Newcastle Permanent Premium Plus Package LOC $500k – $750k
- Newcastle Permanent Real Deal Home Loan
- Newcastle Permanent Intro Rate Home Loan
- Newcastle Permanent Premium Plus Package Home Loan
- Newcastle Permanent Premium Variable Rate Home Loan
- Newcastle Permanent Building Society
- Newcastle Permanent Real Equity
- Newcastle Permanent Fixed Rate Home Loan
Top Home Loans
| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
|---|---|---|---|---|---|---|---|
 Loans.com.au - Dream Catcher | A home loan offer with a $0 application fee and one of the lowest available home loan interest rates. | 5.85% | 6.21% | $0 / $375 | 80% | $50,000 / $750,000 |
 
|
 Bankwest Online Home Loan | A low interest rate home loan with a $0 application fee and ongoing maintenance fees. This offer is exclusively available by applying online. | 5.97% | 5.97% | $0 / $0 | 80% | $100,000 / $1,000,000 |
|
 Illawarra Home Loans Bank Beater Home Loan | A low variable rate, beaten down even further by 0.05% p.a. after 5 years. | 6.07% | 6.35% | $0 / $345 | 90% | $250,000 / $1,000,000 |
|
 State Custodians Mortgage Company Standard Variable Offset Loan | Awarded Mortgage of the Year 2012 – this multi-award winner features 100% offset and a loyalty 0.25% rate drop after 5 years. | 6.02% | 6.23% | $0 / $345 | 95% | $150,000 / $1,000,000 |
|
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