From 3.88%
*Promotion Rate

About Overseas Construction

Loan Purpose and Rate

3.88% PI (LVR ≤ 65%)
Self - Employed
4.18% PI (LVR ≤ 65%)

Product Summary

Security typeResidential
Loan Amount$200,000 to $900,000
Maximum LVR70%
Loan TermUp to 30 years
Borrower TypeNon-Residents of Australian, PAYG or Self-employed
Loan PurposeHouse and land construction loans with progress payment
Repayment MethodMonthly repayments by direct debit
Offset Facility100% Offset Facility included for variable rate loans (Available during construction)
Interest structureVariable rate & 1 – 3 year fixed rate & Interest Only (Up to 5 years)
PAYG (LVR ≤ 65%)3.88% P.A. (PI)
Self Employed (LVR ≤ 65%)4.18% P.A. (PI)
Application fee$660
Risk Fee1% of loan amount

Document Checklist

Income Documents (PAYG)
Income Documents (Self-Employed)

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.