Standard Home Loans  
                 
                 
   Current at    8 September 2006  
   Who is this loan for?    Wage and salary-earners, and self-employed borrowers who can provide full income verification.    
   Security Required    First registered mortgage over residential dwelling or vacant residential land.    
                   
      Variable Rate Capped Variable Rate Fixed Rate    
   Rate option (see website for details)    E $+ Ï  
   Capped/Fixed Period      1 to 5 years 1 to 5 years  
                 
  Text Box: (secured by residential property) Uses               
   Purchase    ˜ ˜ ˜  
   Refinance    ˜ ˜ ˜  
   Investment    ˜ ˜ ˜  
   Debt consolidation    ˜ ˜ ˜  
   Other investments    ˜ ˜ ˜  
   Business purposes    ˜ ˜ ˜  
   Construction    š š š  
                 
   Property Types               
   Residential property    ˜ ˜ ˜  
   Residential land    ˜ ˜ ˜  
   Commercial Property    š š š  
   Multiple security properties allowed  # ˜ ˜ ˜  
                 
   Maximum Loan-to-Value Ratio (LVR)               
   Residential property - owner occupied    97% 97% 97%  
   Residential property - investment    95% 95% 95%  
   Residential land    90% 90% 90%  
                 
   Loan Size               
   Minimum per security    $20,000 $20,000 $20,000  
   Maximum per security    $1,000,000 $1,000,000 $1,000,000  
   Maximum loan    $2,000,000 $2,000,000 $2,000,000  
                 
   Maximum Loan Term           
   Term including fixed, capped or interest-only periods    30 years 30 years 30 years  
                 
   Interest Rate Options               
   Principal and Interest    ˜ ˜ ˜  
   Interest-Only for up to 5 Years    ˜ ˜ ˜  
                 
   Extra repayments  ¯            
   Free    ˜ ž ž  
   Unlimited    ˜ ž ž  
                 
   Redraws  ¯            
   Free    ˜ ž ž  
   Unlimited    ˜ ž ž  
   Minimum redraw amount    $500 $500 $500  
                 
   Loan switching (between rate types)  ¯ ˜ ž ž  
                 
   Loan splitting (between rate types)  ¯            
   Free    ˜ ž ž  
   Max. number of accounts    4 4 4  
                 
   Portability of security properties  # ž ž ž  
                 
   Repayment methods               
   Electronic direct debit    ˜ ˜ ˜  
   B-Pay (fees apply)    ˜ ˜ ˜  
                 
   Fees and Charges               
   One-off Application Fee    $800 $800 $800  
   One standard valuation included    ˜ ˜ ˜  
   One standard legal documentation included    ˜ ˜ ˜  
   Ongoing fees and charges    Nil Nil Nil  
   Discharge Fee (full and partial)    $300 $300 $300  
                 
   Mortgage Insurance    Once-only premium payable by the borrower if loan is >$500,000 or >80% LVR  
   Can mortgage insurance be capitalised?    ˜ ˜ ˜  
                 
   Early Repayment               
   Deferred Estabishment Fee for early repayment    ˜ ˜ ˜  
   Early repayment period    5 years 5 years 5 years  
                 
 
Text Box: Call: (07) 3233 1000; Fax (07) 3233 1030 ; E-mail contact@assetbacked.com.au; Visit www.assetbacked.com.au
 
             
                 
  Notes:              
                 
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