Get a competitive loan rate with one of Loans.com.au’s most popular loans.
The Dream Loan Express home loan is for refinancing and purchasing purposes. The product also charges no application fees and no annual or ongoing service fees, saving considerable money over the long term. The product also comes with a 100% offset account facility where you can deposit additional funds to reduce your loan interest.
The waiver of the loan application fee is only in effect for a limited time, so apply now to save money on the home loan that can make your dreams comes true. This variable loan is available for residential property purchases and refinance purposes.
Things to consider about this loan
This loan is available for refinancers - it is not available as a construction loan.
Features of this loan
- Competitive interest rate. Dream Loan Express gives you many money saving advantages. It offers you competitive rates with, $0 annual fees and Array application fees.
- Loan to value ratio (LVR). Ability of borrowers to apply for up to 80% of a property's value.
- Loan amount. You may borrow a maximum loan amount of up to 2000000.
- Interest-only repayments. Principal and interest, or interest-only available with Interest-only available up to 10 years on variable loans.
- Flexible repayment options. Free Bpay, direct credit and debit transactions with your option of weekly, fortnightly and monthly repayments.
- Split loan option. Up to 5 free account splits on your loan.
- Visa debit card. Borrowers can take advantage of 5 free transactions every month using CueCard and Westpac ATMs. You are provided with Visa debit card protection. Your card will be given Verified by Visa protection and in addition it is connected to the redraw offset established for you.
- 100% offset account. Borrowers can also take advantage of an unlimited number of free online transactions and free redraws from their 100% offset account. As a borrower, you may access your loan plan online and manage everything with just the click of a mouse button. This access is available to you 24 hours a day, 7 days a week. Your access gives you the ability to manage your bill payments and redraws, your statements and loan transactions.
Fees you can avoid
- $0 application
- $0 annual fees
Fees you can’t avoid
- Settlement fee: $75
- Valuation fee: $220. This covers the lender's 3rd party costs. The lender will have to have the value of your property appraised before they can use the property as a security to lend against.
- Discharge fee: $300. This fee covers the administrative costs of preparing your loan discharge documents. Although loans.com.au say that there is no exit fee with this loan, when you pay out loan it will still be considered a discharge and the relevant fee will apply.
How to apply
If you think the loans.com.au Dream Loan Express is for you, then clicking ‘enquire’ will safely redirect you to the homepage of loans.com.au. Pre-qualification for a loan is a simple process with the completion of the simple pre-qualify form. On the form you can stipulate the best time to contact you and a loans.com.au mortgage representative will provide you with anymore information that you need. Additional contact options include direct phone calls, Skype communications and online chat sessions.