Target Market Determination Documents

 

We as a financial product provider, required to present Target Market Determination Documents under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act (Cth) 2019.


This Target Market Determination (TMD) document is not intended to provide financial advice. Please refer to our Terms and Conditions and Credit Guide before deciding product suitability. Our product terms and conditions will be provided to you upon request.


This (TMD) aims to provide an understanding of the class of customers we have designed these product for, being the target market. When considering the target market, we focused on our customers' objectives, financial situation, and needs within this class of people we believe this product to be suitable.


Here are the documents available for download:

 

AMO PRESTIGE Products

 

AMO OPAL Products

 

AMO SELECT Products

 

For archived versions of these TMD documents, please click here

Archived TMD Documents

Here are the archived documents available for download:

AMO OPAL Products

Revolution Home Loan

Revolution Home Loan
Call us on 1300 266 266 or book for a Free Appointment

An AMO Revolution Home Loan gives you a 100% offset account on either a fixed or variable rate home loan - with no nasty surprises or restrictions. By directing all of your salary and savings into your offset account, you can save thousands of dollars on interest repayments. Most other lenders only offer an offset account with a variable rate loan.

Call us on 1300 266 266 or book a Free Appointment

Not only will the 100% offset account reduce the interest on your mortgage, it allows you to reduce the overall term and duration of your repayments. Put simply, the amount of money in your offset account is the portion of your home loan that is not being charged interest.

With the AMO Revolution Home Loan we can show you how to reduce the term of your loan and stop you from making unnecessary interest repayments.

Take control of your finances call 1300 266 266 or book an appointment to speak to our mortgage brokers.

Call us on 1300 266 266 or book a Free Appointment

Deposit Bonds

A Deposit Bond is an alternative form of deposit that is provided by the purchaser of a property when exchanging contracts.

Should the vendor agree to accept the Deposit Bond, a Deposit Bond provides you with the flexibility to pay the full purchase price at settlement. Deposit Bonds are available for amounts between 5% and 10% of the purchase price.

Deposit Bonds are available for either up to six months (for those who expect to settle within the short-term of six months) or between six to forty-eight months (for those who expect to settle in the long term).

Buying a new home?

If you are planning to buy a new home after selling your existing one, a deposit bond can enable you to secure your new property without the hassle of bridging finance or waiting for your funds from your existing property to settle.

Thinking about purchasing a property from an auction?

Deposit Bonds provide you with the convenience of purchasing a property from an auction. In this instance, a deposit bond may be issued allowing you peace of mind to bid at auction.

Are you an Investor?

As an investor, deposit bonds allow you the conformability of paying your cash deposit of your new property at settlement.

"Off The Plan" Purchases

A Long Term Deposit Bond up to 48 months is available for those people who do not wish to tie up their cash, pending completion of a residential property.

Please note:

Information that is contained on the web site should be used as a guideline only. You should seek advice from professional financial, legal and real estate specialists before purchasing a property and/or applying for a loan.

Prestige Home Loan

AMO Prestige Home Loan with 100% offset account
Call us on 1300 266 266 or book for a Free Appointment

An AMO Prestige Home Loan gives you a 100% offset account on either a fixed or variable rate home loan without any surprises or restrictions. Most other lenders only offer an offset account with a variable rate loan.

The 100% offset account allows you to reduce the term and the amount of interest paid on your loan. By depositing your savings and directing your salary into the Prestige Home Loan, you lower the daily interest repayments. Over time, the balance in your offset account can actually lower your repayments and it will eventually help to reduce the duration of your loan.

Take control of your finances and stop paying too much interest with the Prestige Home Loan.

Call us on 1300 266 266 or book a Free Appointment