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Super Rate No Fee Home Loan

Posted March 3rd, 2011 and last modified February 17th, 2012

Are you looking for a home loan with a low interest rate but also want the flexibility to credit the loan to your salary or make unlimited redraws? Then you should check out the Super Rate No Fee Home Loan. This loan not only gives you low variable interest rate, but it also helps you to manage your money and your loan repayments with a series of flexible features.

How Is The Super Rate No Fee Home Loan Different From Other Lender’s Loans?

The Super Rate No Fee Home Loan is a different kind of home loan. Unlike loans offered by other lenders, this loan is available for all borrower types, so almost anyone can benefit from this loan. There are also no hidden charges or fees associated with this loan, so more of your money goes into your repayments than to the lender. With the Super Rate No Fee Home Loan you can also get fast approval for your loan, so you don’t have to wait. You will also have the advantages of personal service from loan professionals during the entire course of the loan process, from start to finish. With a low on-going interest rate you can be sure that you made right choice on your home loan for years to come!

Home Loan Details Interest Rate (p.a.) Comp Rate^ (p.a.) App Fee / Ongoing Fee Max LVR Min & Max Borrowing
Super Rate Fee Saver Home Loan
Super Rate Fee Saver Home Loan
Offers no settlement fees, monthly administration fees and unlimited free redraws. A competitive rate with excellent features from one of the best non-bank lenders. 6.25% $0 / $0 95% $50,000 / $2,000,000 Enquire

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Who Can Apply For The Super Rate No Fee Home Loan?

This loan is designed for everyone. If you are looking to buy your first or second home this loan could be perfect for you. Renovating your existing home? Then this loan could also have huge benefits for you. The low on-going interest rate also makes this loan attractive to investors looking to purchase property. The loan is not viable for vacant lot purchases or construction purposes. Both companies and trusts as well as individuals are eligible to apply for this loan.

What Is The Interest Rate?

The Super Rate No Fee Home Loans offer you two interest rates. For a $495 annual fee you can get a low interest rate of 6.45% You can also get an interest rate of 6.25% with no strings attached. The loan’s term can be anywhere from 10 years to 30 years. You will also have the option to split the loan in a single split or a multiple splits. A minimum amount of $50,000 is required for a single split and a minimum amount of $30,000 per split is required for multiple splits. The maximum number of allowable splits is 4. This gives you the flexibility to alter your loan according to your personal needs.

Other Features

The Super Rate No Fee Home Loan also offers other useful features such as unlimited redraw abilities with no fees attached if the redraw is performed online. The loan also offers you the ability to save more money on Lenders Mortgage Insurance in certain situations by letting you have a reduced equity fee of up to 95%. The maximum LVR for this loan is 95% for refinance and 95% for purchase.

Fees

There are no settlement fees, monthly administration fees, redraw fees or application fees associated with this loan. Other fees such as a variation fee or discharge legal fee may apply. Speak to your mortgage professional today to see how this loan can benefit you over the long term.

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