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Home Loans > Home Loan Fixed Rate Lock
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Fixed Rate Lock - The Key to Fixed Interest Home Loans
A Home Loan Fixed Rate Lock allows Customers seeking a guaranteed fixed interest lending rate to protect against potential interest rate increases that may occur during their settlement period. The facility is available to Customers seeking either a Home loan or Investment Home Loan.
| Ideal Market |
Customers seeking a guaranteed fixed interest lending rate to protect against potential interest rate increases that may occur during their settlement period. |
| Eligibility |
Available to Customers seeking Consumer fixed interest lending from Bendigo Bank and selected subsidiaries including Victorian Securities Corporation Limited. |
| Duration |
Maximum three months from date of application. |
| Fee |
$600 + 0.15% of total loan amount (excluding Loan Insurance and Lender's Mortgage Insurance) for loans less than $500,000. An additional late fee of $250 applies for Fixed Rate Lock applications made after the initial loan application. |
| Fee Debited |
On application for a fixed lending rate product, from nominated Bendigo Bank account or other cash payment method. |
For more information, please contact your local bank branch or phone Bendigo OnCall on 1300 366 666.
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