If you’re shopping around for a home loan, you’ve probably come across a fair few technical terms. What do they all mean? If you’re feeling confused, you’re not alone. We’ve put together a short and sweet explanation of 10 technical terms you need to know before you lock down your home loan.
Lending criteria apply to all loans, for full terms, conditions, fees and charges, please review our Financial Services Guide, Product Guide and Fees and Charges Guide. These guides are available here and will be provided at the time of acquiring the product or by contacting 13 25 85.
1 An amount equivalent to the next scheduled repayment for the loan cannot be redrawn from the in-advance amount.
2 A minimum $500 balance must be retained in the Offset Account to receive the benefit
This information has been provided without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs. All loans are provided by Beyond Bank Australia Limited, 100 Waymouth Street, Adelaide, SA 5000 ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2019.