Miao & Co

MC Local

KEY FEATURES

Metro Area

  • LVR ≤ 70%, Max $2M
  • LVR > 70% to ≤ 80%, Max $1.5M
  • LVR > 80% to ≤ 95%, Max $1M
  • SingleBorrower Exposure ≤ $3M
  • High-Density Postcode Accepted
  • Offset Available

Non-Metro Area

  • LVR ≤ 80%, Max $1M
  • LVR > 80% to ≤ 90%, Max $750K
  • LVR > 90% to ≤ 95%, Max $500K

 

* Fixed Rate Available Upon Request

INTEREST RATES

VARIABLE

RATE

LVR

O/O

INVESTMENT

 

 

P&I

≤70%

6.08%

6.58%

>70% to ≤80%

6.38%

6.88%

>80% to ≤90%

6.78%

7.28%

>90% to ≤95%

7.79%

n/a

 

IO

≤70%

6.48%

7.23%

>70% to ≤80%

6.78%

7.28%

>80% to ≤90%

7.18%

7.68%

 

DOCUMENTS CHECKLIST

PAYG

Self-Employment

Prime Promo

* All fees are payable at settlement (Except valuation fee) 

* For interior distribution only

FEES

Valuation Fee At Cost
Application Fee $990
Document Fee $395
Annual Fee $395
Settlement Fee $250
Discharge Fee $895
This guide is for wholesale use only and not for distribution to any other party.

APPLICABLE LOADING

Loan Amount > $1.25M <=$1.5M 0.50%
Loan Amount > $1.5M 0.70%
Self -Employed 0.20%