Choice Expat
From 6.93%
*Promotion Rate
About Choice Expat
- Max LVR: 90%
- Max Loan Amount: $2,500,000
- Promotion Rate: OO 6.93% LVR 70%
- Offset Account available
- Accept a range of visa holders
- Available for NDIS
Loan Purpose and Rate
Owner Occupied ≤ $2M
6.93% (LVR ≤ 70%)
- Interest rate from 6.93% P.A.
- Comparison rate from 7.55% P.A.
Owner Occupied ≤ $2.5M
7.43% (LVR ≤ 70%)
- Interest rate from 7.43% P.A.
- Comparison rate from 8.04% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $50,000 to $2,500,000 |
| 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 |
| Offset Facility | Offset available |
| Interest structure | Principal & Intereset and Inetrest Only |
| Owner Occupied (LVR ≤ 70%) | 6.93% |
| Foreign Income Loading | 0.50% |
| Interest Only Loading | 0.40% |
Document Checklist
Income Documents (PAYG)
- Last 2 consecutive payslips
- Employment Letter
- Latest 3 month's bank statements
Income Documents (Self-Employed)
- Last 2 years company tax returns and financial statements
- Last 2 years individual tax return and tax assessment notice
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.