13 January 2016
The New Year is already proving beneficial for home buyers and investors, with a suite of new competitive home loan offers today announced by Suncorp Bank.
Further strengthening the value proposition of its award winning Home Package Plus, Suncorp Bank has discounted its interest rates across standard variable and three year fixed owneroccupied and investor Home Package Plus products.
Suncorp Bank Head of Intermediaries, Steve Degetto, said the new offers give customers the flexibility to select a competitive rate that suits their individual circumstances.
“The Suncorp Bank Home Package Plus product provides customers with flexibility and a wide range of benefits by combining their home loan with other banking products. The new discounted rates only strengthen the value of this award-winning product, and provide brokers with a competitive proposition to deliver to their customers,” Mr Degetto said.
“We’re also waiving the Home Package Plus annual package fee for the first year (normally $375) for new Home Package Plus customers taking out new lending of at least $150,000.
“We’ve started the New Year with new thinking. We’ve listened to broker feedback, and made progressive changes to improve our processes and simplify some policies.
“This improved service, combined with our new competitive offers, will support our broker partners to hit the ground running in 2016.”
Effective 13 January 2016, the new Home Package Plus Special Offers for new owner-occupied loans of at least $150,000 are as follows:
|Home Package Plus Offers||Repayment Type||LVR||Standard Rate||Discount||Interest Rate||Comparison Rate|
|Standard Variable||Principal & Interest||<80%||5.70% p.a.||-1.55% p.a.||4.15% p.a.||4.54% p.a.|
|3 Year Fixed Rate||4.44% p.a.||-0.35% p.a.||4.09% p.a.||4.52% p.a.|
Effective 13 January 2016, the new Home Package Plus Special Offers for new investor loans of at least $150,000 are as follows:
Home Package Plus Offers
|Repayment Type||LVR||Standard Rate||Discount||Interest Rate||Comparison Rate|
|Standard Variable||Principal & Interest, and Interest Only||<80%||5.97% p.a.||-1.55% p.a.||4.42% p.a.||4.80% p.a.|
|3 Year Fixed Rate||4.69% p.a.||-0.35% p.a.||4.34% p.a.||4.78% p.a.|
For more information and terms and conditions visit: www.suncorpbank.com.au/homeloans/options/home-package-plus
Media Contact: Emma Kissick 07 3135 2505 | Ashleigh Paterson 07 3135 2562 or 0407 925 665
Suncorp Group includes leading general insurance, banking, life insurance and superannuation brands in Australia and New Zealand. The Group has 14,500 employees and relationships with nine million customers. Suncorp Group Limited is a Top 20 ASX-listed company with $94 billion in assets. Suncorp Bank is Australia’s leading regional bank servicing more than one million personal, SME and agribusiness customers.