Suncorp Bank drops owner-occupied rates | Thinktank Commercial increases max loan term for SMSFs
Suncorp Bank drops owner-occupied rates | Thinktank increases loan term for SMSFs | AFG new white label
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
Suncorp Bank decreases variable rate to 4.15% (4.16% comparison rate) on its Home Package Plus Standard loan, for new owner-occupied loans greater than $500,000 (maximum LVR 80%) with principal and interest repayments.
Suncorp Bank decreases fixed rate to 4.19% (4.24% comparison rate) on its Home Package Plus two-year for new owner-occupied loans of at least $150,000 (maximum LVR 80%) with principal and interest repayments.
Both offers are effective 1 September 2015.
PRODUCT
No changes today
POLICY
Thinktank Commercial lifts its maximum loan term for SMSF loans from 25 years to 30 years.
COMMISSIONS
No changes today
+ Read today's Morning Briefing More borrowers changing investment loans to owner-occupied
