Residential Investment Loan (Principal and Interest) ($50k-$250k)
- 100% full offset account
- Parents can sign as guarantor
- Extra repayments + redraw services
- Free redraw facility
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$50k - $250k
Principal & interest
Loan term range
1 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Full transaction account rebate on all of your eligible transaction accounts. 3.00% pa discount on new and existing Bendigo Red Credit Cards.
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Bendigo Bank is an Australian financial institution headquartered in Bendigo, Victoria. Bendigo Bank is a part of the Bendigo & Adelaide Bank Group, which began in 1858 from two building societies. Bendigo Bank now serves over 1.5 million customers in over 500 communities Australia-wide.
Bendigo Bank provides a range of home loans, including mortgages for first time home buyers, investors and upgraders, in addition to low-doc loans and green loans, which reward customers for sustainable building practices.
A construction loan is loan taken out for the purpose of building or substantially renovating a residential property. Under this type of loan, the funds are released in stages when certain milestones in the construction process are reached. Once the building is complete, the loan will revert to a standard principal and interest mortgage.