The Co-operative Bank introduces new ratecard

Monday, December 12th 2016, 9:23AM

The Co-operative Bank now has two ratecards; Standard and Owner-Occupied.

It has added a new Standard interest rate card which will apply with new mortgage lending where there is an investment property in the security mix, and base rate Low equity lending

Its current rate card has been renamed Owner Occupied. It is similar to other banks' “Special” rates. These rates will apply to Owner Occupied mortgage lending where the LVR is 80% or less, Welcome Home Loans and Speciality Loans.

Tags: The Co-operative Bank

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