Non-major launches new owner occupier deals

by Miklos Bolza12 Jul 2017
Auswide Bank has announced two new residential loan offers for owner occupiers seeking to purchase or refinance.

This includes a discounted variable rate of 3.69% p.a. which equates to a ‘life of loan’ discount of 1.74% p.a. off the standard variable reference rate. This offer is available for new principal and interest loans of $150,000 or more with LVRs of up to 90%. It is not available for pre-approvals, investment, interest-only, construction, or non-resident lending.

Auswide has also unveiled a discounted 3 year fixed rate loan of 3.69% p.a. for owner-occupiers seeking a home loan without an offset account. Additional payments are allowed and an online redraw facility is also available.

“With a new financial year upon us we are excited to lead with significant discounts on our award winning Freedom Package home loans,” said Damian Hearne, Auswide Bank chief customer officer.

“These special interest rate offers are available on new home loans or for borrowers seeking a better deal than what they are getting with their existing lender. Simply compare these rates to those offered by other banks and you can see that they are some of the strongest offers in the market.”