Terms & Conditions - *Comparison rates are based on a secured loan of $150,000 over a term of 25 years
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
This offer is available for customers who have:
- paid a deposit for a new home to Burbank Australia (Vic) Pty Ltd ACN 607 981 466 (Burbank) from 5 May 2025 until 30 June 2025; and
- who have received qualified finance approval from National Pacific Finance Pty Ltd under arrangements with the lender - see below for the lender’s details)
to build in an eligible YourLand Estate (being in Society 1056, Officer Central, Officer Fields, Wedge Rd or Seventh Bend).
The offer is for an introductory variable interest rate of 3.49% p.a. This introductory rate will apply for 2 years from the date of land settlement or first construction progress draw (whichever occurs first). After the 2 year introductory period has concluded, the introductory interest rate will revert to the applicable standard variable rate. The stated interest rate assumes a LVR of 80%.
This offer is not to be used in conjunction with any other offers. Burbank has the right to change or extend this offer at any time.
Terms, conditions, fees, charges, eligibility and lending criteria apply.
Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Loans are made by Perpetual Corporate Trust Limited ACN 000 341 533 and managed by Columbus Capital Pty Ltd ABN 51 119 531 252 Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL) 337303.
National Pacific Finance Pty Ltd ABN 32 168 530 961 Australian Credit Licence 456132 is a distributor of loans made by the lender.
Your Land T&C’s
YourLand Management Pty Ltd ACN 151 294 852 (trading as YourLand Development) (YourLand). YourLand may, at the discretion of Burbank’s Chief Commercial Officer or Burbank’s General Manager of Sales and Marketing, refer applications for home loans in excess of $750,000 to National Pacific Finance Pty Ltd. YourLand will pay a Product Fee of $35,000 at the time of the settlement of the loan to Burbank for any referral.
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