La Trobe Financial Product Details:
RURAL LOAN

Product Name Rural Residential Rural Commercial
Current Rate^ 5.99 - 8.59%^ 8.99%^
Comparison Rate* n/a n/a
Security Type Rural-Resi ≤ 100 acres Rural > 100 acres
Loan Purpose Purchase, Refinance and Debt consolidation for personal or business/investment purposes. Purchase, Refinance and Debt consolidation for personal or business/investment purposes.
Verification Required Full or Lite Doc® methods Full or Lite Doc® methods
Personal or Business/Investment Purposes Both Both
Minimum Loan Amount $100,000 $100,000
Maximum Loan Amount $1,500,000 $5,000,000
Maximum LVR 75% 55%
Lenders Mortgage Insurance required No No
Maximum Loan Term 30 Years 5 Years
Repayment Type Principal & Interest Interest Only
Maximum Interest Only Term 5 Years 5 Years
Interest Rate Type Variable Variable
Redraw Available No No
Application Fee (excl. Val. & Legal Fees) from 0.75% of the loan amount from 1.25% of the loan amount
Risk Fee $0 $0
Additional Repayments Yes No

* The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING 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. Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply. ^ Depends on loan amount and risk grade of borrower.