State Custodians Mortgage Company Breathe Easy Offset Home Loan

The State Custodians Mortgage Company basic variable home loan is a non-bank lenders prize-winning home loan. Known as the ‘Breathe Easy Offset’ loan it is the simplest and most straight forward of the three outstanding home loans offered by State Custodians Mortgage Company.

The ‘Best Loan for Home Buyers’ award, sponsored by Money Magazine in 2011, was won by State Custodians Mortgage Company in recognition of the company strictly adhering to its policy of cutting out the home loan industry middlemen, such as mortgage brokers and other commission earning salespeople, and dealing directly with its customers with its own professional, salaried staff. This policy has allowed the company to keep its interest rates below the industry average by not having to continuously pay our commissions.

A main feature of State Custodians Mortgage Company basic variable home loan, besides its low interest rates, is its retention of important features and benefits and its use of cutting edge online technology with a human at the other end of the line when it becomes necessary to talk to someone real, or to discuss different aspects of your home loan that may need clarification from time to time.

The result being that the savings, by dealing direct with the customer and not having to pay out commissions to mortgage brokers or other commission agents, is passed back to the home buyer through lower interest rates.

State Custodians Mortgage Company basic variable, home loan main details consist of the following:

• The loan is offered to owner occupiers as well as property investors, including first home buyers.
• Repayments can be paid through principal and interest, or interest only (fixed interest rate periods can be arranged) depending on the home buyers individual needs or requirements through weekly, fortnightly or monthly arrangements. Loan top ups are allowed but are conditional and could attract fees. Full salary deposits are accepted.
• Loan minimum amounts of $150,000 with a maximum of $1,000,000 (although a higher amount can be negotiated in exceptional circumstances) can be obtained over a maximum term of 30 years. Home buyers purchasing the property with the home loan can borrow up to 95% of Loan Value Ratio (LVR) with a Loan Mortgage Insurance (LMI) including those wishing to refinance.
• Up to four split loans can be arranged along with a line of credit split without incurring any additional costs and unlimited free redraw is also available when required.
• A free 100 percent interest offset transaction savings account can be linked to your Breathe Easy Offset basic variable home loan including a free online account with unlimited access as well as a free phone loan account all with ATM, EFTPOS and BPAY facilities.
• To reward customer loyalty, there is a Loyalty Bonus Rate Drop of 0.20% after 5 years and an applicant can obtain pre-approval if required but the loan can not be utilised as a construction loan.
• There is also an optional debit card attached to all State Custodians Mortgage Company home loans for approved customers – a Mastercard debit card can be used for all EFT transactions including internet and phone purchases .

Fees and charges.

There are only two fees involved. These being a discharge fee of $350 and a cancellation of settlement fee of ( this fee is payable if settlement is cancelled by any other party other than the State Custodians Mortgage Company).

The Breathe Easy Offset loan has no exit fees.

Award winning State Custodians Mortgage Company, basic variable home loans, are recognised leaders in the non-bank home loan market because of their lower interest rates and plentiful features. This is the result of dealing direct with customers and avoiding commission charging middlemen.

You can find out more about this competitive basic loan from State Custodians Mortgage Company website where you will also be able to lodge a secure online application

Read the State Custodians Mortgage Company Breathe Easy Home Loan terms and conditions.

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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
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
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