Blue Non Resident
From 8.18%
*Promotion Rate
About Blue Non Resident
- Max LVR: 80%
- Max Loan Amount: $2,000,000
- Promotion Rate: OO 8.18% LVR 65%
- 100% of net income used for servicing
- SE Only Require 1 Year Financial
- Acceptance of paid defaults up to $500
Loan Purpose and Rate
Owner Occupied
8.18% (LVR ≤ 65%)
- Interest rate from 8.18% P.A.
- Comparison rate from 8.82% P.A.
Investment
8.48% (LVR ≤ 65%)
- Interest rate from 8.48% P.A.
- Comparison rate from 9.12% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $150,000 to $2,500,000 |
| Maximum LVR | 80% |
| Loan Term | Up to 30 years |
| Borrower Type | PAYG or Self-employed, including non-resident of Australia |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| Repayment Method | Direct debit from nominated bank account |
| Offset Facility | 100% offset facility available |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Owner Occupied (LVR ≤ 80%) | 7.49% P.A. (PI) |
| Application fee | $660 |
| Risk fee | Base: from 0.50% Platinum: 0 |
Document Checklist
Income Documents (PAYG)
- Latest 2 payslips (no older than 45 days), OR
- 3 months Bank Statements evidencing salary credits
Income Documents (Self-Employed)
- Evidence of company registration, plus minimum two of the following:
- Latest business annual tax return
- Latest personal annual tax return
- Latest 1 year business financials
Loan Calculator
Refer to credit team for calculator and servicing requirements
* The comparison rate is based on a secured loan of $150,000 and a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.