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 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)
Can I have an Offset Account?
Yes Offset acccounts are availiable with most Direct Credit Loans
Can I use this loan for an investment property?
Yes – Can be purchased in a Trust, Company or Personal Name/s.
What are the terms for NDIS loans?
10, 15, 20, 25 years.
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.
What are my options for making repayments?
Principal and Interest up to 25 Yrs.
Interest Only Not availiable for this loan type.
Can I choose the frequency of my repayments?
Installments can be made weekly, fortnightly or monthly. Extra payments on variable rate loans can be made at any time.
How do I pay my loan?
- Direct debit: Pay your loan by direct debit monthly, fortnightly or weekly.
- Direct Salary Crediting: Have your income directly paid into your home loan account and use your re-draw facility over the phone or via the internet to access your money when needed.
- B-Pay: You can B-Pay to your loan. Please call the office to obtain your B-Pay details
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
Can I substitute a new property as security on the loan?
The security property can be substituted if required. Note there may be restrictions if loan size needs to be altered.
How will I receive my statements?
Free six monthly statements and free interim statements (issued upon request).
Can I convert my variable loan to a fixed rate loan?
All or part of the loan can be converted to a fixed rate loan (Call Direct Credit for Fixed rates – Excluding Low doc and specialist loans)
Can I redraw on this loan?
Available as required ($50 min.), accessed over the phone or via the internet (variable rate only).
Can I reduce the principal?
Yes no limit, however ‘manual’ reamortisation requests apply.
Applicable loans
NDIS INVESTMENT LOAN
Interest rate
from 7.20%
Comparison rate
7.42%
Loan type
Variable
Max LVR
80%
Application fee
$880
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
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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.
