| Loan Purpose |
Purchase
Refinance
Debt cons.
Cash out |
Purchase
Refinance
Debt cons. |
Cash out |
Purchase
Refinance
Debt cons.
Cash out
(Full Doc) |
Purchase
Refinance
Debt cons.
Cash Out |
Construction |
Purchase
Refinance
Debt cons.
Cash out |
| Cash out |
Unlimited |
Max 10%
of total refinance |
Unlimited |
Unlimited
(Full Doc)
Max 10% of
total refinance (Lite Doc) |
Unlimited |
No |
Unlimited |
| Verification Required |
Full Doc |
Lite Doc |
Full/Lite |
Full/Lite |
Full/Lite |
Full/Lite |
Full/Lite |
| Personal or Business/Investment Purposes |
Both |
Both |
Both |
Both |
Both |
Both |
Both |
| Minimum Loan Amount |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
| Maximum Loan Amount |
$1,500,000
(70% LVR)
$1,000,000
(80% LVR)
|
$1,000,000
(80% LVR)
|
$1,000,000
(65% LVR)
$750,000
(70% LVR) |
$1,500,000
(70% LVR)
$1,000,000
(80% LVR) (Lite Max)
|
$1,500,000
$1,000,000
(cash out) |
$1,500,000 |
$1,500,000 |
| Maximum LVR |
95% |
80% |
70% |
80% |
70% |
70% |
55% |
| Lenders Mortgage Insurance required |
>80% |
No |
No |
No |
No |
No |
No |
| Maximum Loan 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. |
| Repayment Type |
Principal & Interest
Interest Only |
Principal & Interest
Interest Only |
Interest Only |
Principal & Interest
Interest Only |
Interest Only |
Interest Only |
Interest Only |
| Maximum Interest Only Term |
5 Years |
5 Years |
2 Years |
5 Years |
5 Years |
2 Years |
2 Years |
| Interest Rate Type |
Variable
Fixed 1-3
Years |
Variable
Fixed 1-3
Years |
Variable |
Variable |
Variable
Fixed 1-2
Years |
Variable
Fixed 1-2
Years |
Variable
Fixed 1-2
Years |
| 1 Year Fixed |
9.19% - Clear
9.69% - Prime |
9.79% - Clear
10.29% - Prime |
Not Available |
Not Available |
from 9.50% |
Price On
Application |
Price On
Application |
| 2 Years Fixed |
9.59% - Clear
10.09% - Prime |
10.19% - Clear
10.69% - Prime |
Not Available |
Not Available |
from 9.70% |
Price On
Application |
Price On
Application |
| 3 Years Fixed |
10.04% - Clear
10.54% - Prime |
10.49% - Clear
10.99% - Prime |
Not Available |
Not Available |
Not Available |
Not Available |
Not Available |
| Redraw Available |
Yes |
Yes |
No |
Yes (Full)
No (Lite) |
No |
No |
No |
| Application 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) |