Investment Mortgage Saver
If you’re looking for a simple investment property loan, that gives you a competitive variable interest rate, has low fees, and offers a line-of-credit facility, then ASG’s Investment Mortgage Saver could be for you.
The Mortgage Saver gives you access to funds, or a line-of-credit that is equal to 70% of the value of your investment property. This access to funds or line-of-credit enables you to draw up to the facility limit at any time.
So, if you receive authorisation to borrow 70% of the value of your investment property, and only need 65%, you are able to access the additional 5% of funds at any stage. It’s great to know, in case you want to renovate in the future, or fund another major expense such as a new car, or a family holiday.
Because ASG Home Loans are fully funded from Member contributions, ASG is able to keep interest rates low, relative to other mortgage lenders that source their funding externally. In addition, ASG Members also receive a further 0.50% discount on the variable interest rate, making an ASG investment property loan even more competitive.
As with all new ASG Home Loans, there are no ongoing Administration fees when payments are made by direct debit from a savings or cheque account. The only fee that ASG charges is an up-front, once only loan application fee of $200*.
*Please be aware, additional valuation and legal fees may apply.
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This loan is suitable if you:
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Not sure?
p>Compare this loan with ASG’s other home loan options by viewing our Comparison Table here. Or contact the ASG Home Loans team here for more information.
Apply now
Complete our Application Form, or call the ASG Home Loans team on (03) 9563 3929.
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