If salary is credited directly to the loan, automatic repayments will be suspended. The interest only portion is available for a maximum of 10 years. Deposits may also be made via Giro Post outlets. For a small fee, the loan may be transferred to another acceptable residential property, saving on loan stamp duty. Mortgage documentation valuation, M.I charges may apply.
Transfers are subject to lenders approval.
All applications for credit are subject to Direct Mortgage Solutions Pty Ltd normal credit approval criteria. Full terms and conditions are set out in the loan contracts. Terms and conditions, including fees and charges may be varied or introduced in the future. Fees and charges are payable.