Blue Residential
From 6.94%
*Promotion Rate
About Blue Residential
- Max LVR: 90%
- Max Loan Amount: $5,000,000
- Promotion Rate: OO 6.94% LVR 65%
- 40 Years Loan Term Option Available
- SE Only Require 1 Year Financial
- Vacant Land Accepted
Loan Purpose and Rate - Residential
Owner Occupied - Full Doc
6.94% PI (LVR ≤ 65%; Loan Size ≤ $2m)
- Interest rate from 6.94% P.A.
- Comparison rate from 7.12% P.A.
**Alt Doc Limited Time Summer Special
7.14% PI (LVR ≤ 80%; Loan Size ≤ $2m)
- Interest rate from 7.14% P.A.
- Comparison rate from 7.42% P.A.
Loan Purpose and Rate - Large Loan
Owner Occupied - Full Doc
OO: 7.49% PI (LVR ≤ 65%; Loan Size: $2m-$5m)
- Interest rate from 7.49% P.A.
- Comparison rate from 7.78% P.A.
Owner Occupied - Alt Doc
INV: 7.99% PI (LVR ≤ 65%; Loan Size: $2m-$5m)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.28% P.A.
Loan Purpose and Rate - Vacant Land
Owner Occupied - Full Doc
OO: 9.74% PI (LVR ≤ 65%; Loan Size ≤ $1.5m)
- Interest rate from 9.74% P.A.
- Comparison rate from 10.07% P.A.
Owner Occupied - Alt Doc
INV: 9.79% PI (LVR ≤ 65%; Loan Size ≤ $1.5m)
- Interest rate from 9.79% P.A.
- Comparison rate from 10.19% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $100,000 to $5,000,000 |
| Maximum LVR | 90% Max $1,000,000 75% Max $5,000,000 |
| Loan Term | Up to 40 years |
| Borrower Type | Individual, Company or Trust |
| Loan Purpose | Purchase / Refinance / Equity Release / Cash Out / Debt Consolidation |
| Repayment Method | Direct debit from nominated bank account |
| Offset Facility | 100% Offset Facility Available |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Owner Occupied (LVR ≤ 65%) – Full Doc | 6.94% P.A. (PI) |
| Owner Occupied (LVR ≤ 80%) – Alt Doc | **7.14% P.A. (PI) |
| Application fee | from $500 |
Document Checklist
Income Documents (PAYG)
- 2 most recent consecutive payslips
Income Documents (Self-Employed) - Full Doc
- Most recent 1 Year Personal Tax Return & Notice of Assessment
- Company / Trust Tax return no older than 21 months AND Personal Notice of Assessment (if applicable)
Income Documents (Self-Employed) - Alt Doc
- Declaration of Financial Position plus one of:
- Accountants Letter
- 6 months BAS
- 6 months business bank statements
- BAS & BBS required for Specialist, and for Near Prime Plus when LVR > 75%
Loan Calculator
* 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.