Investment OMG Loan
For Investors looking for a great value, no-frills property loan, look no further than the OMG Investment Loan, with our lowest variable rate available for investments.
Benefits
No ongoing fees
A great option for cash-conscious property investors
Lowest rate
Our lowest variable rate for investment loans
Flexible payment options
Principal and interest and interest only options
Easy online application
It's quick and easy
Loan details
| Maximum term | 30 years | |
| Minimum loan | $150,000 | |
| Redraw available (excludes Interest only loans) | ||
| Maximum borrowing amount up to the property value (with LMI) | 90% | |
| Maximum borrowing amount up to the property value (without LMI) | 80% | |
| Offset facility | ||
| Principal and Interest | ||
| Interest only option available - see interest rate below | ||
| Available for construction | ||
| Interest rate | Comparison rate | |
|---|---|---|
| Principal and Interest Less than or equal to 90% LVR | 3.09% p.a. | 3.09% p.a. |
| Interest only Less than or equal to 79% LVR | 3.19% p.a. | 3.13% p.a. |
| Establishment fee | $0 |
| Annual fee | $0 |
Loan Repayments
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Important information
Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan. Lending criteria and fees and charges apply. Terms and conditions apply and are available on request. Rates subject to change.
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