Suncorp Home Loan Lender
Suncorp Group is Australia's sixth largest bank and third largest general insurance company. Suncorp Home Loan Lender was formed in 1996 through the merger of the Queensland government owned Suncorp and QIDC with Metway Bank. In 2001, it acquired CIO and AMP's insurance business, further expanding its customer base. It now has more than seven million customers.
Suncorp Home Loan Lender offers a variety of banking and insurance products, such as home and personal loans, transaction accounts, margin lending, credit cards, wealth management services, and personal and commercial insurance.
Suncorp Home Loan Lender offer various loan options:
- Suncorp Home Loan Lender's Variable Rate Home Loan offers repayment at variable interest rates and flexible terms.
- Suncorp Home Loan Lender's Back to Basics Home Loan offers loans at discounted variable rates and zero account keeping fees. It also provides the Suncorp Cashback facility for redraws.
- Suncorp Home Loan Lender's Fixed Rate Home Loan offers a discounted first year fixed interest rate for repayments. Borrowers get to choose the fixed interest rate for 1, 2, 3, or 5 years, or based on updated requirements. The loan then switches to the standard fixed interest rate for the rest of the repayment period.
- Suncorp Home Loan Lender's Split Rate Home Loan allows borrowers to split repayment into fixed and variable interest rate periods.
- Suncorp Home Loan Lender's Bridging Loan bridges the funding gap between getting an old home and selling an old one.
- Suncorp Home Loan Lender's Low Doc Loan is for self-employed borrowers who can provide all the necessary documentations.
- Suncorp Home Loan Lender's My Home Package allows borrowers to acquire several home loans without additional establishment or account keeping fees. They also get access to equity in their property.
- Suncorp Home Loan Lender's Asset Line Home Loan gives borrowers access to equity in their home, which may be used as a line of credit.
- Suncorp Home Loan Lender's Reverse Mortgage Home Loan is a loan for senior citizens who want to take out equity in their homes for personal use.