The Canstar 2023 Customer Owned Bank of the Year – Queensland First Home Buyer was received in July, 2023 in Queensland.
~Available from 18 August 2023 for a loan amount of at least $100,000. Principal and interest loans: Upon expiry of the fixed rate period, the loan will revert to our Principal and Interest Standard Variable Rate (SVR) with a discount of 2.65% for the life of the loan. May be withdrawn at any time before a loan contract is entered into. Normal lending criteria, terms, conditions and fees apply and are available on request.
*Not available for restructure of existing Queensland Country loan facilities.
6 Maximum LVR for owner occupied home loans is 95% and 90% for investment home loans.
11 Maximum LVR for owner occupied and investment home loans is 90%.
All interest rates quoted are per annum. Fees and charges are payable. Normal lending criteria, terms and conditions apply and are available on request.
Lenders Mortgage Insurance (LMI) may apply on loans if the Loan to Valuation Ratio (LVR) exceeds 80%.
# Discount applies where insurance policies are arranged through Queensland Country Bank Limited. Product issuer is Insurance Australia Limited ABN 11 000 016 722 AFSL 227 681 trading as CGU Insurance.
^WARNING: hese comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. A comparison rate schedule is available at any of our branches. Comparison rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Target Market Determination; Home Loan brochure, Fees and Charges brochure, Account and Access Facility Conditions of Use; Loan Interest Rate Schedule and Credit Guide.