NDIS Home Loans
NDIS loans have been designed to assist Investors buy or construct a purpose built SDA certified and enrolled property.
Direct Credit Home Loans has in-house loan specialists who can guide you through the loan process journey from beginning to end. Alternatively, we can assist in refinancing your current SDA-enrolled property.
Frequently asked questions on NDIS / SDA Home Loans.
What is an NDIS Property?
SDA dwellings have accessible features to help residents live more independently and allow other supports to be delivered better or more safely.
- SDA Rules – requirements and obligations for owning and operating SDA
- Design Standards
- Pricing Arrangements
- Dwelling enrolment and vacancies
- Data on SDA and Supported Independent Living (SIL) usage
What LVR can I go to on this property type?
Generally 80% Loan to value ratio (Lvr) so you will require 20% Deposit to purchase or equity to refinance.
What loan size can I take out?
Up to $1.25Million for a construction, Established security loan sizes up to $2Million
Can I purchase an NDIS property in my SMSF?
Established NDIS properties can be purchased in your SMSF (Self Managed Super Fund) Construction not availiable for SMSF LoansÂ
Can I have an Offset Account?
Yes Offset acccounts are availiable with most Direct Credit Loans
Can I purchase in a Trust or Company?
Yes – Can be purchased in a Trust, Company or Personal Name/s.
What are the terms for NDIS loans?
10, 15, 20, 25 years.Â
What NDIS products do you offer?
- Direct NDIS Loans availiable for Construction or Purchase established dwellings.
- Loans are variable with fixed options availiable
- Loans must be P&I over 25 Years Maximum
- Interest rate loading apply on all loans under construction.
Are there any monthly or annual fees?
- Yes $495 Annual Fee applies.
- No fees charged on redraw (Accept manual Redraw)
What is the Loan to Value Ratio (LVR)?
Loan Amount           Max LVR
$100,000 – $1,250,000     80% Construction
$100,000 – $2,000,000    80% Established dwelling
Applicable loans
NDIS INVESTMENT LOAN
Interest rate
from 6.99%
Comparison rate
7.22%
Loan type
Variable
Max LVR
80%
Application fee
$880
- 6.99% Interest rate displayed Prime NDIS Full Doc loan : 70% LVR on principle & interest repayments with loan amount over $100,000 and under $2,000,000
- Maximum Loan to Value Ratio is 80%.
- Sound credit history required
- Construction loans have an interest rate loading during construction phase
- A lenders risk fee may apply
*The Comparison Rate is calculated on the basis of a loan of $300,000 over a term of thirty years, including application, valuation, lenders legal / settlement / risk fees, excluding searches, registration and government charges.Â
Valuation fees are POA. Note – Valuations completed are as a commercial type valuation which incure higher fee’s
Warning:Â This comparison rate applies only to the 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
NDIS SMSF LOAN
Interest rate
from 7.35%
Comparison rate
7.57%
Loan type
Variable
Max LVR
up to 80%
Annual fees
$495
Application fee
$880
- From 7.35 % Interest rate displayed : Under 70% LVR on P&I repayments with loan amount over $100,000.
- SMSF Rules Apply – No construction
- Maximum Loan to Value Ratio is 80%
- Regional areas considered
- Lenders Risk Fee may apply
- Minimum loan size is $100,000.
- Maximum loan size $2,000,000Â
*The Comparison Rate is calculated on the basis of a loan of $300,000 over a term of thirty years, including application, valuation, lenders legal / settlement / risk fees, excluding searches, registration and government charges. Valuation fees are POA. Note – Valuations completed are as a commercial type valuation which incure higher fee’s
Warning:Â This comparison rate applies only to the 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
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Why use Direct Credit Home Loans ?
Our commitment to our customers is unwavering, and we pride ourselves on providing exceptional service and support throughout your entire home loan journey. Whether you have questions about our application process, need help choosing the right loan product, or simply want to learn more about the benefits of home ownership, our team is here to help.
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Steps to your NDIS Home Loan
1. Am I eligible for a loan?
If you are a PAYG earner or self-employed with full financials, have a sound credit history and have at least 20% deposit for a purchase or equity in existing property – you may qualify.
2. Know your loan capacity
See how much you can borrow using our simple borrowing power calculator, or call one of our friendly team to get a detailed borrowing capacity over the phone today
3. Book a consultation or apply online
Call us on Freecall 1800 000 800 for a no obligation chat or, if you’re ready to apply get started now.