Connective Essentials is offering great investor variable interest rates for new home loans for both our P&I and Interest Only products with LVR’s of 80% or below. This is a great offer to help your customers realise their dreams of investing in property.
| Loan Purpose | Repayment Type | Up to and including 70% LVR | 70.01% to 80% LVR | ||
| Interest Rate (p.a.) | Comparison Rate1 (p.a.)1 | Interest Rate (p.a.) | Comparison Rate1 (p.a.)1 | ||
|---|---|---|---|---|---|
| Investor | Principal & Interest | 6.29% p.a. | 6.32% p.a. | 6.39% p.a. | 6.42% p.a. |
| Interest Only | 6.54% p.a. | 6.49% p.a. | 6.64% p.a. | 6.59% p.a. | |
Please note, these rates will be effective from Monday 4 December 2023. For the most up to date pricing, please check Mercury Nexus.
Connective Essentials is supporting customers looking to buy their dream homes too with variable rates as low as 6.04% p.a.1 (Comparison 6.07% p.a.)2 for new Owner Occupier P&I home loans.
| Loan Purpose | Repayment Type | Up to and including 70% LVR | 70.01% to 80% LVR | ||
| Interest Rate (p.a.) | Comparison Rate1 (p.a.)1 | Interest Rate (p.a.) | Comparison Rate1 (p.a.)1 | ||
|---|---|---|---|---|---|
| Owner Occupier | Principal & Interest | 6.04% p.a. | 6.07% p.a. | 6.08% p.a. | 6.11% p.a. |
Please note, these rates will be effective from Monday 4 December 2023. For the most up to date pricing, please check Mercury Nexus.
We also have a cash out policy that may appeal to many of your customers with Connective Essentials offering unlimited cash out to 80% LVR with an acceptable declared purpose.
We also have a cash out policy that may appeal to many of your customers with Connective Essentials offering unlimited cash out to 80% LVR with an acceptable declared purpose.
All Progress and Final Progress Inspections and payments must be submitted no later than COB Friday 15 December to ensure they’re completed before the shutdown period.
From close of business Friday 22 December 2023 to Friday 5 January 2024 the following valuation types will not be completed:
The best way for you to get the support you need is to contact our Customer Care team. The team can be contacted on 1300 300 989 and will be operating as normal during the festive season except on the following national public holidays when they will be closed:
If you have any questions regarding our EOY dates or our rates, we’re here to help! Simply contact your Connective Home Loans BDM.
Important information:
1Information, rates and offers are correct as at 4 December 2023 and are subject to change. Fees and charges apply to Connective Essentials products. Interest rates, fees and charges are subject to change. Terms and Conditions apply to all Connective Essentials products and are available on request. Lending criteria apply.
2Comparison rates are based on a secured loan of $150,000 over a term of 25 years.
WARNING: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
