Products - 15-4-09.xls

	First Australian		MAXIMUM
KEY FEATURES:		DETAILS
	Loan Purpose:		Purchase owner occupied, &/or = investment=20 properties
			Cash out for investment &/or = personal=20 purposes ***
			Construction, Debt Consolidation
	Loan Amount:		Up to $1,000,000
	Maximum LVR:		90% [plus LMI - where capitalised] on = Purchases=20
			90% [plus LMI - where capitalised] on=20 Construction
			90% [incl. LMI] where refinances
	Interest Rate:		First Aust Fin'l Services MAXIMUM
	Loan Term:		30 years
	Interest Only:		Up to 10 years [can be extended]
	OTHER FEATURES		IMPORTANCE
	Redraw & Flexibility *	=E2=88=9A		Ease of admin, flexibility & = minimises=20 interest costs & maximises debt reduction
	Internet Access *	=E2=88=9A		Simple, on-line management of your = loan &=20 access to its administration
	No monthly, or admin fees. **	=E2=88=9A		We charge no monthly or annual = administration=20 fees
	Personalised Service	=E2=88=9A		You will never talk to a computer, = always to a=20 highly skilled, committed
		member of our Team. = We=20 will always put you first.
	Experience the Difference	=E2=88=9A		Our Team are very experienced in = lending &=20 assisting Clients achieve their goals
	Mortgage Security - your protection	=E2=88=9A		Loan agreement, title & mortgage = securely=20 protected by Trustee eg Perpetual
	Strategic approach to your needs	=E2=88=9A		Our strategists apply their extensive = experience=20 to your situation & objectives
	Split Loans, dividing into portions	=E2=88=9A		Allows separate accounting for each = loan portion=20 eg for investment
	Repayment frequencies	=E2=88=9A		Monthly, twice monthly, fortnightly, = or weekly.=20 Interest charged on daily loan balance
	Inward Salary Credits	=E2=88=9A		Allows part, or all salary deposits = into the=20 Loan Account
	Inward Direct Debits & Inward BPay	=E2=88=9A		Allows additional deposits into the = Loan Account=20
	Overnight access to funds *	=E2=88=9A		Unlimited & online redraw within = loan's=20 redraw availability
	Mortgage Insurance Capitalised	=E2=88=9A		If Mortgage Insurance is payable it = can be=20 capitalised for purchases.
	Inward BPay	=E2=88=9A		Allows BPay deposits into the Loan = from your=20 on-line Bank Account
	Telephone Banking	=E2=88=9A		Simple, phone access to management of = your loan=20
	ATM [debit card]	=E2=88=9A		Debit Card available [if required]. =
	Principal & Interest	=E2=88=9A		Traditional loan structure available = [if you=20 don't need flexibility]
	Fixed Interest Option [max 5 yrs]	=E2=88=9A		Portion, or all of the Loan can be = fixed, if=20 required. Cannot fix during const.
	Fixed Interest Option [max 10 yrs]	=E2=88=9A		Can be fixed for 10 years, as above = provided=20 less than 85% LVR.
	Internal Loan Portion transfers	=E2=88=9A		No fees to transfer funds between = splits or=20 separate loans
	Increasing existing loan amount	=E2=88=9A		As your equity grows, your loan can be = increased=20 for investment,
		personal purposes, or = debt=20 consolidation.
	ESTABLISHMENT COSTS
	Application, valuation, legals & title = insurance=20 costs:		$800 inclusive, or $1,400 for = construction,=20 payable at settlement
	[excl. any govt fees = &/or=20 mortgage insurance]
	ONGOING FEES
	NO ONGOING or ADMIN FEES		Nil - we do not charge any ongoing = fees OR=20 ongoing admin charges
	Other Components:
	Available to approved Applicants with = fully=20 verified income documentation.
	Construction Loan has a loading of = 0.10% during=20 the construction period & there is no redraw or fixed rate = available=20 during construction period.
	Construction Loans setup fees are = $1,400 -=20 includes Application, all valuations [progress claims etc], legals = &=20 title insurance costs
	* Internet access, redraw, loan = flexibility=20 features - all available. Overnight redraws must be requested by = 10am=20 EST/EDT.
	** Ongoing Fees - unlimited free = transactions=20 per month, except after 6 free Bpay Inward Credits, a $2 Bpay = Inward=20 Credits fee applies. Written redraws incur a fee.
	*** Cash Out Policy - Anti-money = Laundering=20 Legistration may restrict amount of cash out, [file & LVR=20 dependant].
	All Interest Rates, Loan Components = and the=20 above summaries are current as at the date of this document.
	Genuine savings required if over 85% = LVR and/or=20 if First Home Buyer.
	This Product Summary sheet is a guide=20 only. Specific inclusions, details and any final = approval=20 must be confirmed by FAFS Credit on all applications.
	Specific details of the loan will be = set out in=20 full in the Loan Agreement forwarded to you at the Mortgage = documentation=20 stage.
	Revision: This version revised as = at=20	18-Apr-09		=C2=A9 First Australian Financial = Services Pty Ltd=20 [MAXIMUM Product matrix] - 18-4-09