Mortgages Promotion
Introduction
The promoter of this promotion ("the Offer") is Assetline Investments Pty Ltd ACN 619 252 210 of Level 24, 101 Grafton Street, Bondi Junction NSW 2022.
Assetline offers reduced interest rates to Eligible Applicants, subject to the terms and conditions of this Offer.
Eligible Applicants agree to be bound by these terms and conditions by applying for an Eligible Mortgages Reduced Interest Loan.
Any Assetline offer to Eligible Applicants remain in the absolute and sole discretion of Assetline. Any application which is withdrawn will not be eligible for qualification despite resubmission.
Definitions
In these terms and conditions:
(a) Assetline means Assetline Investments Pty Ltd ACN 619 252 210 and includes any of its agents, contractors, subsidiaries and related parties from time to time;
(b) Applicant means the party named as a Borrower or Guarantor in respect to an application for a Mortgages Reduced Interest Loan(s);
(c) Apply means an Applicant who, as an individual or co-borrower have applied via Assetline, Broker or Other third-party channels and Assetline has confirmed receipt of their application;
(d) Eligible Applicants means applicants that meet all the Eligibility Criteria as per the eligibility Criteria section:
(e) Eligible Assetline Capital Mortgages Reduced Interest Loan means a Loan agreement entered into by the Applicant to which this Offer applied and which meets the following eligibility parameters.
Eligibility Parameters | |
|---|---|
Security Type | Residential and Commercial |
Minimum Loan Size | $250,000.00 |
Maximum Loan Size (applicable to Sydney, Melbourne and Brisbane locations) | $5,000,000.00 |
Maximum loan to value ratio Full Doc | 80% |
Maximum loan to value ratio Alt Doc | 70% |
Location of Security | Australia |
(f) Full Doc Means when a full verification of income is provided.
(g) Alt Doc means when alternative documentation is provided when full verification of income is not provided.
(h) Lower Interest rate means the lower or discount interest rate as defined under an offer for an Eligible Mortgages Reduced Interest Loan.
Eligibility Criteria
You are eligible to participate in this Offer if:
(a) You are the Introducer of an Applicant from 10 April 2025 to 30 June 2025;
(b) You introduced an Applicant in respect to the application(s);
(c) The application(s) to Assetline relates to one or more Eligible Mortgages Reduced Interest Loan which satisify the Eligibility Parameters; and
(d) The Applicant draws down the Eligible Mortgages Reduced Interest Loan within 30 days from applying.
(e) Loan submissions must be compliant with warehouse eligibility.
Operation of Reduced Interest Rate
The reduced interest rate set out in this Offer operated such that any offer for an Eligible Mortgages Reduced Interest Loan will have a reduced Lower Interest Rate, fees subject to LVR levels as follows:
Pricing - Full Doc & SMSF
LVR
Rates (From)
Comp rate*
60%
6.49%
6.73%
65%
6.54%
6.78%
70%
6.64%
6.89%
75%
6.89%
7.13%
80%
6.99%
7.23%
Pricing - Alt Doc & SMSF | ||
|---|---|---|
LVR | Rates (From) | Comp rate* |
60% | 6.49% | 6.73% |
65% | 6.79% | 7.03% |
70% | 6.89% | 7.13% |
75% | 6.99% | 7.23% |
80% | 6.99% | 7.23% |
*Comparison rate is based on a secured loan of $150,000 over a term of 25 years.
The reduced interest rate does not apply to any extended period of the Eligible Mortgages Reduced Interest Loan beyond its initial term.
Any Lower Interest Rate expressed in an offer for an Eligible Mortgages Reduced Interest Loan is deemed to have the reduction in rate already applied.
No Representations or Warranties
Except as required by law, Assetline Capital makes no representations or warranties with respect to this Offer or any benefits or entitlements under the Offer.
Taxes and Duties
The Introducer acknowledges and agrees that you are solely responsible for any taxation liability that may incur in relation to our participation in the Offer, and any associated taxation implications.
Exclusions
Without limiting any other provision of these terms and conditions, this Offer is not available in connection with, or in addition to, any other Assetline's offer, promotion, rebate or benefit.
Variation and Termination
Assetline may vary these terms and conditions from time to time, including by:
(a) adding, withdrawing or substituting any benefits available to you under the Offer;
(b) varying the reduction of the reduced interest rate under this Offer;
(c) varying the period to what this Offer applies;
(d) changing the eligibility criteria or requirements that must be met to receive benefit of the interest reduction.
Assetline may terminate or withdraw this Offer at any time without prior notice.
Assetline may reject, cancel, or reverse any benefit conferred from the grant of the interest reduction if it has reasonable grounds to believe that a person's conduct or dealings with respect to an Eligible Mortgages Reduced Interest Loan, the Offer or any other dealings with Assetline may be fraudulent or otherwise illegal.
If you are not satisfied with any change or variation Assetline make to the Offer, you can terminate your participation at any time by providing written notice to Assetline Capital.
Other Matters
Assetline Capital reserves the right to disqualify any person who participates in the Offer but does not comply with these terms and conditions or who tampers with the Offer process.
Failure by Assetline Capital to enforce any of its rights at any stage does not constitute a waiver of those rights.
All applications for credit, are subject to Assetline's credit approval criteria. Terms and conditions, fees and charges, and other eligibility criteria apply.
These terms and conditions are:
(a) separate to the terms and conditions of each applicableEligible Mortgages Reduced Interest Loan; and
(b) do not form part of the credit contract for any of our Eligible Mortgages Reduced Interest Loan.
To the extent of any inconsistency between these terms and conditions and the terms and conditions of the Applicant's Eligible Mortgages Reduced Interest Loan, the terms and conditions of the Eligible Mortgages Reduced Interest Loan prevail.
