Finware Focus

6 May 2014 - Better Mortgage Management and Homeloans Launch New Products

Better Mortgage Management (BMM) released their new Ultimate Alt Doc product from 5.39% p.a. This is ideal of self employed borrowers with easier and user friendly income verification.

Flexi Ultimate product snap shot:

Up to 80% LVR

  • No Risk Fee or LMI up to 70% LVR
  • Loan Amount up to $2M
  • Flexible Securities options (Cat 1 - 4)
  • Vacant Land Acceptable Security (Cat1&2)
  • Owner Occupied and Investment Purchase
  • Refinance, Debt Consolidation and Cash Out (No business use)
  • Unlimited Free Online Redraws (minimum $50)
  • Internet Banking Facilities

Homeloans Ltd also launched their new Optima product range available at both variable and fixed rates.

The Homeloans Optima is a fully featured product that has all the essentials suitable for purchase, refinance and debt consolidation at a low competitive rate.

There is an offset option designed for home buyers and investors who want a fully transactional home loan solution while maintaining flexibility.

What’s great about the Homeloans Optima?

  • Free up-front valuation
  • 100% Offset available
  • Low interest rates
  • Unlimited Redraw
  • Global borrowing limits on LOC

Check out BMM’s Flexi Ultimate Alt Doc or Homeloans’ Optima product range in iLend™, or contact your BDM for more information.

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