Choice Expat
From 6.39%
*Easy Refinance Promotion Rate
About Choice Expat
- Max LVR: 90%
- Max Loan Amount: $3,500,000
- No Foreign Income Loading
- 100% Offset Facility Available
- Cash Out Available
- Construction Available
Loan Purpose and Rate - Standard Expat
Owner Occupied ≤ $3.5M
6.39% (LVR ≤ 70%)
- Interest rate from 6.39% P.A.
- Comparison rate from 7.07% P.A.
Investment ≤ $3.5M
6.39% (LVR ≤ 70%)
- Interest rate from 6.39% P.A.
- Comparison rate from 7.07% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $50,000 to $3,500,000 |
| Maximum LVR | 90% |
| Loan Term | Up to 30 years |
| Borrower Type | Australian Citizen that does not reside in Australia, a permanent or Temporary Resident of Australia with an Acceptable Visa or New Zealand Citizen that does not reside in Australia or New Zealand |
| Loan Purpose | New purchase, Refinance,Construction and Cash Out |
| Repayment Method | Direct debit from nominated bank account/BPAY/Pay anyone |
| Repayment Options | Principal & Intereset and Inetrest Only |
| Loan Splits | Able to split loan into more than one portion |
| Offset Facility | 100% Offset Facility available |
| Redraw Facility | Available |
| Extra Repayments | Variable Rate: Unlimited / Fixed Rate: Up to $20,000 p.a. |
Document Checklist
Income Documents (PAYG)
- Latest 2 Payslips
- Employment Letter
- 3 Months Salary Credit
- Plus one of following if serviceability is reliant on Overtime, Allowances, Bonus Income:
- PAYG Summary
- Single Touch Payroll Summary
Income Documents (Self-Employed)
- Most recent 2 years Company Tax Returns & Financial Statements
- Most recent 2 years Personal Tax Returns & Notice of Assessment