Loan Features

Home Loan Features

We have listed some of the outstanding features of the LoanMate FlexiFree Home loans.

Loans Direct

Loan deposits are low

Competitive Loan interest rates

Free loan splits

Loan redraws are free.

Lump sum loan repayments are free

Loan account direct salary crediting is free

Lower your loan bills

Portability of the loan

More free features that will keep you happy

Loan features & benefits of a LoanMate home loan

Loans direct

• We lend direct
• When you choose your loan from LoanMate you deal direct with the mortgage originator.

Loan deposits are low.

• loan deposits as low as 5%,
• Multiple loan consolidations, including car, personal, credit cards, store cards and "no interest loans" require 10% equity in the home after costs.
• Lo doc home loans require 20% equity for refinance, or deposit net of costs.
• Bad credit loans as low as 10% deposit, but can be 20% deposit requirement depending on the severity of the credit impairment.
• Jumbo loans to $2,000,000 require only 20% deposit net of costs.

Loan interest rates that are competitive.

• loan interest rate is below that of all major bank lenders!
• all loans have no ongoing fees and charges
• all loans have free: account keeping, set up and maintenance and statements.

Loan splits are free

• Loan splits; up to 4 free account splits on applying. [account splits after settlement may have admin charges applied]

Loan redraws are free

• Free and flexible loan redraws from the account anytime you need to, [as long as you are in credit.]

Loan lump sum repayments are free

• Free loan lump sum payments whenever you like. This will save you interest and reduce the term of the loan. Remember, all interest savings are compounded and tax free!

Direct salary crediting into the loan

• Loan repayments options include direct salary crediting directly into the home loan account. This will save you interest and help your mortgage reduction plans.
• This means you get mortgage reduction at low rates and for free.

Lower loan bills.

• When you consolidate all your loans with us, your loan repayments will be cut substantially. This is a free service [no brokerage payable]

Loan Portability

Take your loan with you when you move. Admin costs may apply, but this will save you heaps in loan establishment costs of a new loan.

LoanMate's other Free loan features

• Free secure Internet banking 24/7.
• Free phone banking on a 1300 number.
• Free Switching from variable to fixed
• Free B pay.
• Fast loan approvals
• Flexibility and free switching between fixed and variable loan programs and back!
• We keep you informed throughout the loan process.
• We are flexible with loan payment options. Pay weekly, fortnightly, bimonthly or monthly!
• Free Auto-Sweep facility to pay your separate credit card to zero balance each months to Lower your bills even further and save you more money on your loan account.

If our loan features are what you have been looking for, click here now and see which LoanMate home loan program suits you best.

Links to Loan Applications

Mr Mortgage is now taking loan applications on behalf of Loan Mate. Please apply below

• Home Loan Application. For your home mortgage loan, mortgage refinance and home equity loan please apply here now.

• Business Loan Application. For your business loan needs, including car and equipment leasing, car finance, apply here now.

• Personal Loan Application. For your personal loans, including car loan finance, wedding loans, holiday loans and furniture loans apply here now.

• Car Loan Application. For car loan finance, including new car loan, used car loan, secured and unsecured car loans, and bad credit car loan and car refinance loan, please apply here now.

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