| |
| |
| Maximum LVR |
95% |
80% |
80% |
80% |
70% |
70% |
55% |
65% |
| Limit |
$100k-$1m |
$100k-$750k |
$100k-$1m |
$100k-$1m |
$100k-$1.5m |
$100k-$1.5m |
$100k-$1.5m |
$100k-$1.5m |
| LMI |
>80% |
none |
none |
none |
none |
none |
none |
none |
| Max Term |
30 Years |
30 Years |
2 Years.
Option to
renew for a
further
term subject to performance. |
30 Years (Full)
30 Years (Lite) |
5 Years.
Option to
renew for a
further
term subject to performance. |
2 Years.
Option to
renew for a
further
term subject to performance. |
2 Years.
Option to
renew for a
further
term subject to performance. |
10 Years |
App Fee
(excl. Val. & Legal Fees) |
$550 or 0.5% of loan amount
(min. $500) |
1.25% of loan amount |
1.25% of loan amount |
1.50% (Full),
1.75% of loan amount (Lite) |
1.25% of loan amount |
1.25% of loan amount |
1.25% of loan amount
(min. $890) |
1.25% of loan amount |
| Risk Fee |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Income Verification |
Full |
Full |
Lite |
Full |
Full/Lite |
Full/Lite |
Full/Lite |
Full |
| Redraw |
Yes |
No |
Yes |
Yes |
No |
No |
No |
No |
| Loan Purpose |
Purchase
Refinance
Debt cons.
Cash out |
Cash out |
Purchase
Refinance
Debt cons. |
Purchase
Refinance
Debt cons.
Cash out |
Purchase
Refinance
Debt cons.
Cash Out |
Construction
Dev Finance |
Purchase
Refinance
Debt cons.
Cash out |
Superfund
Trustee
Investment |
| Cash out |
Unlimited |
Unlimited |
Max 10% |
Unlimited |
Unlimited |
No |
Unlimited |
No |