We offer some great investment loan products available to Select Encompass members only
We are pleased to offer some great investment loan products to current Select Encompass Credit Union members. We are able to assist you with a loan for the purchase of an investment property whether it be utilising the equity from your current property or buying an investment property as your first purchase.
We have a low rate variable home loan available, as well as a great range of fixed products which allow you to enjoy the certainty of knowing how much your repayment is each month to allow you to better manage your living expenses. Our investment loans are available for investment property purchases anywhere in Australia and also have many other additional benefits including:
As at the 13/03/2017, the following terms and conditions apply to all Select Encompass Credit Union investment loans: Select Encompass investment property loans are only available to existing Select Encompass members as at the 13/03/2017: Investment loans will not exceed 80% LVR. Interest only loans are only available when loan to valuation ratio (LVR) is a maximum of 70%. Approval conditions previously advised by Select Encompass Credit Union to approved applicants prior to the 13/03/2017 will be honoured for a period of 90 days from the date of conditional approval only, after this period newly stated terms and conditions for investment loans apply 1. Reverts to Standard Variable rate current at the end of the fixed period. 2. Comparison rates are based on a $150,000 secured home loan over 25 years. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.