ING Direct Mortgage Company

ING Direct Mortgage Company

One of the largest financial institutions in Australia is ING Direct Mortgage Company. With an approximate AU$20 billion in deposits and AU$30 billion in loans, ING Direct Mortgage Company is the sixth largest retail bank in Australia. The approximate number of ING Direct Mortgage Company customers has reached more than a million. ING Direct Mortgage Company is also considered as the pioneer of telephone banking and online banking in Australia.

The parent corporation of ING Direct Mortgage Direct is ING Group. ING Direct Mortgage Company is the financial services subsidiary of ING Group. Upon receiving its Australian banking licence, the operations of ING Direct Mortgage Company are regulated by the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority.

The head office of ING Direct Mortgage Company is located in the New South Wales state capital of Sydney. The contact centre of ING Direct Mortgage Company in Tuggerah, New South Wales is open for 24 hours everyday.

ING Direct Mortgage Company History

The history of ING Direct Mortgage Company starts with its establishment in Australia in 1999. The introduction of the ING Direct Mortgage Company in Australia was also the launching of branchless banking in the country. The principal product offered by ING Direct Mortgage Company is high-interest savings account. The high-interest savings accounts offered by ING Direct Mortgage Company have no minimum account balance requirements and no hidden service charges.

ING Direct Mortgage Company Home Loans

The six different types of ING Direct Mortgage Company home loans are variable rate loans, fixed rate loans, line of credit loans, lo-doc loans, construction loans, and commercial loans.

• Variable Rate Loans - for people who prefer an adjustable amount of interest rate
• Fixed Rate Loans - for people who want a set amount of interest rate
• Line of Credit Loans - for people who want an instant access to their funds
• Lo-Doc Loans - for self-employed people who cannot provide a complete proof of income
• Construction Loans - for people who have plans of building or renovating a home
• Commercial Loans - for people who wish to buy a commercial property