ING Direct increases fixed rate for investor loans
ING Direct increases fixed rate for investor loans
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
- ING Direct increases fixed rate for investment loans by 0.20% p.a. effective 31 July 2015 and applicable to all investment loan borrowers.
- ING Direct will not apply LVR based variable interest discounts to investment loans (standard rates only)
PRODUCT
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No changes today
POLICY
- ING Direct investment loans will be capped at maximum 80% LVR regardless where security is located
- ING Direct's existing investment borrowers cannot access any loan increases against the investment security property
COMMISSIONS
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No changes today
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