Zagga
TWT Property Group Offer
Welcome to Zagga
Zagga (Australian Credit Licence 490904) is a fully-licensed Australian marketplace lender who has teamed up with TWT Property to offer buyers of new TWT properties a fast, simple and flexible alternative to traditional borrowing channels. Our flexible lending criteria, coupled with larger loan sizes, means we can help more borrowers. Fast.
Introducing the Zagga Link Loan
Buying a new property is exciting but everyone’s financial situation is different. You may have cash tied up in other property or investments and just can’t get your cash flow to meet your requirements now.
This is where Zagga’s Link Loan comes in. Available exclusively to buyers of new TWT properties, this short-term, bridging loan can provide that much needed solution for those who may need an alternative financing option to help them settle on that new property.
Fill in your details and we’ll be in touch.
Why the Zagga Link Loan?
Straightforward and tailored exclusively for buyers of new TWT properties
The Zagga Link Loan is available only to buyers of new TWT properties.
Transparent fees with no hidden extras
We are strong believers that all fees should be fully transparent with no hidden extras. Because of this, we tell you upfront what fees are payable, when and for how much so there are no nasty surprises.
Simple, hassle-free process
- No call centres who just transfer your call from person to person and then take weeks to process your application – Zagga has a dedicated enquiry line to answer TWT buyer enquiries.
- All TWT buyers purchasing a new property from TWT Property Group are eligible to apply for the Zagga Link Loan.
- Interest is capitalised to the loan amount so you don’t have to worry about monthly repayments and juggling with cashflow issues.
Suits your timing
As this is an exclusive offer for buyers of new TWT properties, you have greater flexibility and control to start the application process when it suits you. Everything can be processed more efficiently and with greater certainty through Zagga. You can apply as soon as you have chosen your property, or leave it closer to settlement – it’s all up to you.
From 4.45% p.a.* Comparison Rate 4.698% p.a.^
* for qualifying applicants, T&C’s apply
| Minimum loan amount | $250,000 |
| Maximum loan amount | $1,500,000 |
| Term | 12 months (plus a further 12 months subject to approval) |
| Interest rate | Fixed for 12 months. This rate is renewed if the loan is extended for a further 12 months |
| Interest payments | In Year 1: 12 months’ interest capitalised to the loan at settlement In Year 2: 6 months’ interest capitalised up-front for each 6-month period |
| Principal repayments | Allowed, but in first year, 12 months’ interest is non-refundable and, in year 2, 6 months’ interest is not refundable for each 6-month period, and is calculated at the full principal drawdown (repayments don’t reduce the interest payable) |
| Loan to Value Ratio | Up to 75% of the assessed value of the property for qualifying applicants |
| Application Fee | $350 |
| Legal Fee | $1,500 + disbursements |
| Monthly Account Keeping Fee | $10 per month |
| Mortgage Discharge Fee | $400 paid when the loan is discharged and closed |
| Platform Fee | 0.50% on full loan amount including capitalised interest |
*Other fees and charges may apply.
^ The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Click Apply now to access the Zagga Link Loan and open the door to a fast, simple and flexible alternative to traditional borrowing channels.
Our friendly staff are happy to assist 9am-5pm Monday to Friday. If we’re not available, try our chatbot or please send us an email.