Gearing
All Non Superannuation investors can borrow against their policies at a LVR (Loan Value Ratio) being 90% of the current surrender value of the policy.
Loan backs against policies have the following features;
- No Fees / Charges
- Non recourse against policy value
- No credit assessment of the borrower
- 7-10 day settlement
- Market interest rates
- Interest calculated monthly and debited either monthly or six monthly against the loan value
- Borrower does not have to pay the interest back, they may allow it to accrue against the policy value
ABN 44 105 079 696
Telephone: (02) 9968 3588
Fax: (02) 9960 6512
Email: contactus@outlookgroup.com.au
Postal: PO Box 777 Spit Junction NSW 2088 Office: 3/5 Earl Street Mosman NSW 2088, Australia
Web: www.outlookgroup.com.au
Postal: PO Box 777 Spit Junction NSW 2088 Office: 3/5 Earl Street Mosman NSW 2088, Australia
Web: www.outlookgroup.com.au