Personal Investor




General Details
Institution: Virgin Money
 Contact Number: 13 13 06
Product Name: Virgin Home Loan (Low Doc)


Product Details
Availability:
Loan Purpose: Owner Occupied OR Investment
Min Loan Amount (,000): $100
 Max Loan Amount (,000 with Morgage Insurance): $2,000
Max Loan Amount (,000 without Morgage Insurance): $2,000
 Max Loan to Value Ratio (without Morgage Insurance): 80%
Max Loan to Value Ratio (with Morgage Insurance): 80%
 Max Loan Term: 30

Interest Rates
Interest Rate: Var: 7.75% Fixed 3 Yr: 7.89% Fixed 5 Yr: 7.99%


Fees
Application Fee: $0
 Settlement Fee: $0
Other Fee: Early termination fee: 1.25% (year 1), 1.00% (year 2), 0.75% (year 0.50%).


Features
Weekly Repayments:
Fortnightly Repayments:
Monthly Repayments:
Extra Repayments:
Repayment Comments: Conditional step down of 0.22% per year for years 2-4.
 Redraw:
Min Redraw Amt: 0
 Redraw Comments:
Portability:
Portability Fee: $0
Split Loan: