TODAYS FEATURES
LOOKING AT REFINANCING?
We can help you. As an existing valued customer, did you know that if you are looking at changing your loan requirements in any way. In many cases, there will be less onerous paperwork and reduced fees. It can be quicker, cheaper and more efficient way to vary your existing Iden loan.
OUR HOME LOAN PRODUCTS
Offset Loans
Get your savings working for you with an Offset loan.
The Offset option is provided by a number of lenders as an alternative to a redraw facility, with your variable rate loan.
Rather than reducing your loan balance by depositing your savings to the loan, the Offset allows you to maintain a separate deposit account where the balance of the account is offset against your loan. Loan interest is charged on the net loan balance being your loan amount minus your offset loan amount.
Is this loan for you?
- Do you have available funds that you would like to access?
- Do you intend on maintaining a savings plan?
- Do you want to keep these savings separate from your mortgage and have them available to use?
Benefits
- A separate account that shows exactly how much you have in savings
- Loan interest charged only on the net loan balance
- Easy access to your savings via ATM, EFTPOS, Cheque, Internet and Phone Banking.