2021 Bank Holiday Business Hours

Our business will be closed on 2 August 2021 and resume on 3 August 2021.

For any urgent matters, please contact your VCMM BDM directly.

VCMM Product VP Updates

The following changes for Product VP are effective 1 July 2021.

Promotions

For a limited time, we are offering discounted interest rates and fees across select Supreme/Prime, Secondary/Near Prime and Specialist home loan products for applications submitted from 1 July 2021. This includes discounted interest rates* for

• VP Supreme starting from 2.25% p.a.**(2.45% p.a. comparison rate***)

• VP Secondary starting from 3.19% p.a.** (3.48 p.a. comparison rate***)

• VP Specialist starting from 4.29% p.a.** (4.59% p.a. comparison rate***)

For our full range of discounted interest rates and fees please contact your VCMM BDM.

Other Product Updates

• Maximum vacant land LVR increased to 75%

• No minimum time frame required for full-time, part-time or contract (PAYG) workers on Specialist and Secondary loans

• Supreme and Specialist PLUS loans require casual workers to have a minimum of 12-month continuous service with their current employer.

• Secondary and Specialist loans require casual workers to have a minimum of 6 months continuous service with their current employer (with minimum 18 months continuous employment within the same industry)

• Better clarified definitions for Interest and dividend income, family payments and, commissions and bonuses

Please send your scenarios to scenario@vcmm.com.au or contact your VCMM BDM directly.

All applications are subject to VCMM’s credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Offers may be continued, withdrawn, or changed at any time without notice. *Product VP interest rate promotion is available for a limited time only for new VP Supreme, VP Secondary and VP Specialist home loan applications, submitted from 12:00am AEST 1 July 2021. Offer is not available on existing VP home loans. This offer is subject to change and may be varied or withdrawn at any time. **For a limited time only, VP Supreme home loan variable interest rates range from 2.25-4.99%p.a. (Comparison rates range from 2.45-5.18%p.a.), VP Secondary home loan variable interest rates range from 3.19-7.15%p.a. (Comparison rates range from 3.48-7.42%p.a.), and VP Specialist home loan variable interest rates range from 4.29-7.49%p.a. (Comparison rates range from 4.59-7.79%p.a.). All VP home loan variable interest rates are correct as at 1 July 2021 and are subject to change at any time. The actual interest rate applicable will depend on the individual borrower's circumstances. This offer is subject to change, and may be varied or withdrawn at any time. ***WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All Comparison Rates are calculated based on a secured loan of $150,000 over a 25 year term.

VCMM Self-Managed Super Funds (SMSF) Seminar

01. Topic of Seminar

Vast Capital Mortgage Management (VCMM), together with Smart Wealth Advisors (SWA), held a Self-Managed Super Funds (SMSF) Loan Product seminar last Wednesday night (02 June 2021) at Hilton Hotel, Sydney.

During the seminar, VCMM director Jeffery Lee and SWA partner Tony He introduced the details and features of SMSF product as well as application process and document requirements.

Topics of seminar included:

• SMSF product briefing

• SMSF product niches and features

• SMSF application process

Jeffery Lee was introducing the features of VCMM SMSF Loan Product.

The seminar presented attendees with the latest and comprehensive information on VCMM SMSF product, with a variety of issues concerning SMSF applicants shared to the audience. The attendees also had the opportunities to raise and discuss their questions.

Attendees were listening carefully to the briefing of SMSF product.

02. Introduction of SMSF Loan Product

Now let us look into the features of SMSF product.

03 Video of the night

Full video of the seminar available on YouTube (click the link below to watch).

https://www.youtube.com/watch?v=pYh4Ru6rqUI&t=2s

Should you require any further information, please call VCMM directly via 1300 776 276 (Australia)/ +61 2 8821 7388 (overseas).

For any loan enquiries or scenarios, email the details to scenario@vcmm.com.au or contact your VCMM BDM directly.

For general enquiries, please contact info@vcmm.com.au.