Independent Homeownership
P2C® empowers borrowers to achieve homeownership without risking their parents’ wealth through bank guarantees or further mortgages.
Parent to Child®
Borrowers from 2.50%^ p.a.
Residential – Our Parent 2 Child (P2C®) loan offers a unique way for parents to support their children in purchasing their first residential property. It is designed to reduce the need for parents to provide bank guarantees or additional mortgages against parental properties. With P2C®, borrowers can enter the housing market with confidence, reducing financial pressure and establishing a smoother path to homeownership.
Key Benefits
Personalised Service
We treat each mortgage application individually, providing personalised service to meet your specific needs and circumstances.
Reduced Financial Pressure
P2C® offers a smoother journey into homeownership for your children with parental support.
Current Rate^: From 2.50%^
Comparison Rate*: N/A
Security Type: Residential security (Parent discounted 2nd mortgage covering deposit)
Loan Purpose: Residential property: purchase and/or debt refinance and/or debt consolidation and/or equity release
Verification Required: Full or Lite Doc® methods
Personal or Business/Investment Purposes: Both
Minimum Loan Amount: $100,000
Maximum Loan Amount: $5,000,000 (60% LVR)
Maximum LVR: 105% of property purchase price
Lenders Mortgage Insurance required: No < 80% LVR (saving you thousands in LMI)
Maximum Loan Term: 25 Years
Repayment Type: Principal & Interest
Interest Rate Type: Variable
Redraw Available: No
Application Fee (excl. Val. & Legal Fees): From $1,000
Risk Fee: $0
Additional Repayments: Yes
Consumer advisory note: Maximum loan amounts and LVRs may vary based on security offered. * The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING – 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. Terms, conditions, fees, charges and La Trobe Financial lending criteria apply. ^ Depends on the loan amount and risk grade of borrower.
Get Started
If you would like to apply directly with us, you can apply now online.
Access My Account
Access your loan account online to view and track your loan.
Get Help
We are here to help. Click the link below to access our contact details or send us an enquiry
Financial Hardship
If you are experiencing financial strain due to unexpected circumstances, assistance is available. Please visit our Financial Hardship page. You can also call the team on 1800 620 639 between 8:30am and 5:30pm (AEST) Monday to Friday.
How to get started
Select a Product
Explore our range of lending options and select the loan that suits your needs.
Contact Your Broker
Talk to your finance professional and ask them to contact La Trobe Financial.
or Apply Online
If you would like to apply directly with us, you can apply now online
Talk to us
We are always here to help. Talk to our friendly Asset Management team and find the investment option that suits your goals.
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