Prime Loan
Red Rock's Prime loan product suite are full doc professional home or investment loans that provides you with great leverage, flexibility with no ongoing loan fees. The prime loan suite contains a market leading variable interest rates, the choice of either P & I or interest only repayments and the ability to split your loan into separate sub accounts.
Red Rocks full documentation prime loans are ideal for PAYG income earners, investors, professionals or companies and trusts who can provide proof of income.
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PRODUCT SPECIFICATIONS |
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| Rate | Variable or Fixed |
| Repayment Type | Principle & Interest or Interest Only 1-15 yrs |
| Loan Term | 25 or 30 years |
| Max Loan Amount | No Max |
| Purpose | Purchase or Refinance Owner Occupied Investment |
| Repayment Frequency | Fortnightly, Monthly |
| Repayment Options | Salary Crediting, Cheque, EFT, Direct Debit |
| Split Accounts | Yes, Up to 4 |
| Acceptable Security | Residential or Rural Residential |
| Max LVR | 95% (purchase) 90% (refinance) |







