New Bankwest Product

Introducing - Bankwest Premium Home Loan

Bankwest’s vision is to be the best value, most innovative and approachable bank in Australia with an absolute focus on customer satisfaction. Therefore, in conjunction with our customers, and your feedback – we are pleased to announce the release of the Premium Home Loan – providing high net worth customers an ongoing low rate for the life of the loan

A variable rate home loan product with an ongoing discount for the life of the loan.

Minimum loan amount $250,000 where the total home loan borrowings > $500,000 (no maximum)

Interest Rate
The interest rate is a straight in variable rate with an ongoing discount of 0.6% p.a. off the Mortgage Shredder Reference Rate for the life of the loan.

Loan Value Ratio (LVR) = Maximum 90% (plus capitalised LMI)
Owner Occupier loans* ; Investment loans*; construction of an investment dwelling*. (*May differ for country and regional areas).

Hmmmmmm it wasn't my feedback to it must of been one of you guys or gals :confused:
Bankwest loans involving trusts have variable rates 0.5% higher than the major banks, so this product will be useful for me. Their Rate Tracker product wasn't available for trusts.