Full Doc Builder

From 3.88%
*Promotion Rate
SCENARIO INQUIRY
CALCULATOR

About Full Doc Builder

  • Max LVR: 80% (No High Density)
  • Max Loan Amount: $1,500,000
  • Promotion Rate: 3.88% IO during construction, after completion 2.29% PI
  • 100% Offset available
  • 2 dwellings on the title
  • Available borrowing 100% construction
Application Form
COVID FORM
VALUATION FORM
DISCHARGE FORM
INCOME DECLARATION
- SELF EMPLOYED
ACCOUNTANT'S
VERIFICATION
PURPOSE OF LOAN FUNDS
DECLARATION FORM
PRICING AND EXCEPTION
REQUEST FORM

Loan Purpose and Rate

During Construction - Interest Only
OO: 3.88% IO (LVR ≤ 80%)
  • Interest rate from 3.88% P.A.
  • Comparison rate from 4.28% P.A.
After Construction - PI or IO
Starts from 2.29% and depends on loan purpose and repayment methods.

Product Summary

Security typeResidential
Loan Amount$200,000 to $1,500,000
Maximum LVR80%
Loan TermUp to 30 years
Borrower TypeIndividual, Company or Trust
Loan PurposeHouse and land construction loans with progress payments
Repayment MethodDirect debit from nominated bank account/ BPAY
Offset Facility100% Offset Facility included for variable rate loans post construction
Interest structureDuring Construction: Interest Only
After Construction: Principal and Interest or Interest Only (Up to 5 years)
During Construction (LVR ≤ 80%)3.88% P.A. (IO)
After Construction Starts from 2.29% and depends on loan purpose and repayment methods
Application fee$660
Risk Feesee product guide for details

Document Checklist

Income Documents (PAYG)
  • Latest 2 consecutive payslips
  • 3-month bank statement showing salary paid by employer
Income Documents (Self-Employed)
  • Last 2 years company tax return
  • Last 2 years Financial Report
  • Last 2 years Individual Tax Return
  • Last 2 years ATO Notice of Assessment

Loan Calculator

Genworth Calculator

Recommended serviceability pass rate - PAYG NDI: 1.15, Self Employed NDI: 1.2
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.