La Trobe Financial Product Changes
July 13th, 2020
Dear valued business partners, we are pleased to announce our new product changes.
Residential Changes:
- Owner Occupied Special returns for Full Doc & Lite Doc. Application fee for Full Doc is $995 and Lite Doc is 0.75%. (must be owner occupied and P&I)
- Return of 3 tiered loan bandings – Up to $1.5m, >$1.5m-$2.5m, >$2.5m-$5.0m with rates attached.
- Reduced rates across Lite Doc (up to 50bps)
- Single construction loan amount increased to $1.5m and 75% LVR. Rate reduced to 7.29%
- SMSF loan amount amended to max loan of $1.5m
- No changes to Resi Rural, Commercial or Development products.
Please refer to the updated Broker Product Guide.
More info