FAQs
FAQs for the Macquarie 100% Investment Loan
- Are the terms of the Macquarie 100% Investment Loan the same for all the various underlying investments?
- Why does Macquarie ask for a Statement of Position (SOP) if the underlying investment is protected?
- Is the Interest Prepayment Loan available with the Macquarie 100% Investment Loan?
- What information will I receive during the term of my investment?
- What happens at the end of the loan term?
- What happens if I want to exit the investment early?
Are the terms of the Macquarie 100% Investment Loan the same for all the various underlying investments?
The loan structure is the same for all underlying investments - that is, Macquarie provides 100% finance and the borrower makes interest payments only. However, the interest payment options available, fees and minimum loan amounts may vary depending on the underlying investment. Therefore, it is important you refer to the investment specific term sheet for information relevant to your underlying investment.
Why does Macquarie ask for a Statement of Position (SOP) if the underlying investment is protected?
As the 100% Investment Loan is limited recourse, we require that all applicants complete a SOP and provide income verification documentation. Applicants who apply for loans in excess of $600,000 must also provide verification of assets.
Is the Interest Prepayment Loan available with the Macquarie 100% Investment Loan?
If you elect to fix and prepay the interest on your Macquarie 100% Investment Loan, you can apply for an Interest Prepayment Loan to fund up to 12 months interest prepayment on your loan. Find out more about the Interest Prepayment Loan.
What information will I receive during the term of my investment?
During the term of your investment, you will receive statements twice a year containing your loan balance, a summary of your portfolio and an itemised record of any transactions, including interest.
You can also view your loan and portfolio information 24/7 on GearUp, our secure client service website.
What happens at the end of the loan term?
Your loan term will be the same as the term of your underlying investment. At the maturity of your investment, Macquarie may offer you the option to refinance the outstanding amount through a Macquarie Margin Loan, but this will depend on the security value of your investment at the end of the loan term.
What happens if I want to exit the investment early?
If you decide to exit your investment prior to the maturity date, you will have to contact the Account Management Team for an unwind quote. The unwind quote may include a number of exit fees payable to both Macquarie for the loan and the Investment Manager for your Underlying Investment. Please refer to page 7 of the Macquarie 100% Investment Loan brochure or contact us for more information about exiting your investment early.