Reduce Wealth Maximiser Fixed Rate Home Loan Review | Finder
finder.com.au

Reduce Wealth Maximiser Fixed Rate

Avatar
Adam Smith
Last updated:  

Investors can lock in a competitive fixed rate with flexible features.

The Reduce Wealth Maximiser Fixed Rate offers investors a low fixed rate and handy features such as additional repayments and a 100% offset account.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Expert review

Avatar

Review by

Adam Smith was the home loans editor at Finder.

Expert review

The Reduce Wealth Maximiser Fixed Rate is an investment home loan available to individuals, companies and trusts.

About this loan

What are the features and benefits of the Reduce Wealth Maximiser Fixed Rate?

  • Loan amount and purpose. The Reduce Wealth Maximiser Fixed Rate is available to property investors. It has a minimum loan amount of $50,000 and a maximum loan amount of $3,500,000.
  • Loan-to-value ratio. The Reduce Wealth Maximiser Fixed Rate has a maximum loan-to-value ratio (LVR) of 80%, so you'll need to have at least a 20% deposit.
  • Flexible repayments. This loan offers weekly, monthly or fortnightly repayments. Unlike many fixed rate home loan products, the Reduce Wealth Maximiser Fixed Rate allows you to make additional repayments.
  • Free redraw facility. If you've gotten ahead on your repayments and need to access the additional funds, you can withdraw them using the loan's redraw facility. There's no minimum amount for redraws made via Internet banking.
  • 100% offset account. For a $10 monthly fee, you can add a 100% offset account to save on interest and potentially pay off your home loan sooner.

What fees and charges come with this loan?

  • Application fee: $0. This one-off fee is waived for loan amounts above $500,000.
  • Legal fee: At cost. disbursements payable plus disbursements. This one-off fee is charged at settlement and covers the legal costs associated with settling your home loan.
  • Settlement fee: $0. This fee covers the administrative costs of processing the disbursing of funds for your home loan.

How to apply

If you're interested in the Reduce Wealth Maximiser Fixed Rate you can click the green button to apply. You can fill in a few quick details and a Reduce Home Loans team member will contact you to walk you through the application process.

Home Loan Offers

Important Information*

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site