Greater Residential
From 6.29%
*Promotion Rate
About Greater Residential
- Max LVR: 90%
- Max Loan Amount: $3,500,000
- Loan Term Up to 40 Years
- Friendly Cash out Policy
- Easy Process, Fast Turnaround
- 100% Offset Facility Available
Loan Purpose and Rate - Super Prime
Owner Occupied <= $1.1M
6.29% P&I (LVR ≤ 60%)
- Interest rate from 6.29% P.A.
- Comparison rate from 6.81% P.A.
Owner Occupied <= $2M
6.54% P&I (LVR ≤ 60%)
- Interest rate from 6.54% P.A.
- Comparison rate from 7.05% P.A.
Loan Purpose and Rate - Prime
Full Doc <= $2M
6.59% P&I (LVR ≤ 70%)
- Interest rate from 6.59% P.A.
- Comparison rate from 7.10% P.A.
Alt Doc <= $2M
6.69% PI (LVR ≤ 70%)
- Interest rate from 6.69% P.A.
- Comparison rate from 7.26% P.A.
Product Summary
| Security type | Residential |
| Max Loan Amount | $3,500,000 |
| Maximum LVR | 90% |
| Loan Term | Up to 40 Years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| Repayment Method | Direct debit from nominated bank account |
| Repayment Options | Principal and Interest & Interest Only (Up to 5 years) |
| Loan Splits | Up to 4 Loan Splits |
| Redraw Facility | Available |
| Offset Facility | 100% Offset Facility Available |
Document Checklist
Income Documents (PAYG)
- Last 2 payslips PLUS
- One of the following:
- Letter of employment
- Latest income statement
- 1 Month Bank Statement
Income Documents (Self-Employed Full Doc)
- Most recent 1 Year Company Tax Returns and Financial Statements
- Most recent 1 Year Individual Tax Return and Tax Assessment Notice
Income Documents (Self-Employed Alt Doc)
- Declaration of Financial Position, Plus One of:
- Accoutant's Letter
- 6 Months BAS
- 6 Months Bank Statement
- ATO Portal
Loan Calculator
Genworth Calculator
Recommended serviceability pass rate NDI 1.1：1
We take 80% of existing rental income into servicing for investment property.
* 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.