InterPrac Mortgages Newsletter-October 2004

 

  
 

Welcome to your InterPrac Mortgage Service update.

This is the first of a continuing email created to inform you of the Best Rates in the lending market and of incidental and significant changes in the lending environment.

Type Bank Product Rate
Honeymoon CBA/Colonial/ANZ 6 month Variable EZY Start 5.49%

5.75%
Variable HSBC/ANZ Home Value (Owner Occ)

Money Saver (Invest)

 6.44%

6.47%
Line of Credit RAMS Basic Line of Credit 6.69%
Fixed 1 Year Suncorp, St George and CBA/Colonial 1 Year Fixed Rate 6.69%
  2 Years Westpac and CBA/Colonial 2 Year Fixed Rate 6.79%
  3 Years Westpac 3 Year Fixed Rate 6.69%
  4 Years Macquarie Mortgages 4 Year Fixed Rate 7.00%
  5 Years Macquarie Mortgages 5 Year Fixed Rate 7.10%
Lo Doc ANZ Low Doc Easy Sart 5.75%

 

NEW! Commercial Finance

 

We have recently employed the services of a professional Commercial Finance broker. He has had over 25 years industry experience. Our Commercial broker specialises in:

  • Commercial / Business Finance

  • Property Finance – Development & Investment

  • Rural Finance

  • Retail Finance - Home & Investment

  •  Franchise Finance

  • Joint Venture Funding

  • Mezzanine Finance

  • Credit Impaired Loans

 

Commercial Interest Rates

Variable Rate 7.40%
Fixed Rate
One Year 7.25%
Two Years 7.35%
Three Years 7.45%
Four Years 7.55%
Five Years 7.65%

Special Offer

Business Residential

Mortgage

(100% secured by residential property only)

5.99% p.a. Fixed Rate

for the first 6 months, then converts to

7.17% p.a. Variable Rate

 

Loan Terms

  • Principle & Interest - 15 Years
  • Interest Only - 5 Years

Loan Value Ratios:

  • Commercial/Industrial - 70%
  • Residential - 80%
  • Specialised - 65%

Disclaimer: Information provided is indicative only and can be changed at any time by the lender. While care has been taken to prepare this information there is always a possibility of errors in the information provided.  All information should be verified before you enter into a loan contract.

 

  
 

To refer Mortgage Business contact

InterPrac Melbourne office                     

1800 700 666 (Phone)

1300 368 427 (Fax)

14 / 499 St Kilda Rd

Melbourne 3004

 

Enovasys software support                    

1300 667 961 (Phone)

1300 667 965 (Fax)

 		  
 

If you have any comments or ideas for our newsletter, please feel free to drop us a line. Let us know what you like and what you’d like to see. We always appreciate feedback from our clients and business partners.

We look forward to working together with you.

Yours Sincerely

 

Brent Jones

General Manager

InterPrac Ltd

 		  
 

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