Non-major announces limited time special loan offer

by Julia Corderoy28 May 2015
Suncorp Bank has announced two new special offers available on its Home Package Plus product.

Effective Tuesday 26 May, the standard variable and three year fixed Home Package Plus products will be offering an interest rate of 4.15% (comparison rate 4.16%) on new principal and interest loans of at least $150,000, with a maximum LVR of 80%. The special offers will be available for a limited time.

Suncorp Bank head of intermediaries, Steven Degetto says the offer gives customers the flexibility to select a competitive rate that suits their individual circumstances.

“Interest rates are now at a generational low, making it a good time for those looking to upgrade their current home, or assess their home loan options.

“As Australia’s leading regional bank, we are committed to being the genuine alternative and helping our customers achieve their financial goals now and into the future. Our prudent serviceability measures and loan to value criteria reinforces this commitment.”

Degetto says the non-major will also continue to offer a waiver of the annual Home Package Plus fee for the life of the loan, saving new customers with lending of $150,000 or more, up to $11,250.