Blue Residential
From 6.69%
*Promotion Rate
About Blue Residential
- Max LVR: 90%
- Max Loan Amount: $5,000,000
- Promotion Rate: OO 6.69% LVR 65%
- 48-Hour SLA to Conditional
- SE Only Require 1 Year Financial
- Vacant Land Accepted
Loan Purpose and Rate - Residential Loans ≤ $2m
Owner Occupied - Full Doc
6.69% PI (LVR ≤ 65%; Loan Size ≤ $2m)
- Interest rate from 6.69% P.A.
- Comparison rate from 6.86% P.A.
Owner Occupied - Alt Doc
6.89% PI (LVR ≤ 80%; Loan Size ≤ $2m)
- Interest rate from 6.89% P.A.
- Comparison rate from 7.07% P.A.
Loan Purpose and Rate - Residential Loans ≤ $5m
Owner Occupied - Full Doc
7.24% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 7.24% P.A.
- Comparison rate from 7.53% P.A.
Owner Occupied - Alt Doc
7.74% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 7.74% P.A.
- Comparison rate from 8.03% P.A.
Loan Purpose and Rate - Vacant Land
Owner Occupied - Full Doc
OO: 8.09% PI (LVR ≤ 65%; Loan Size ≤ $1.5m)
- Interest rate from 8.09% P.A.
- Comparison rate from 8.42% P.A.
Owner Occupied - Alt Doc
INV: 8.19% PI (LVR ≤ 65%; Loan Size ≤ $1.5m)
- Interest rate from 8.19% P.A.
- Comparison rate from 8.53% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $100,000 to $5,000,000 |
| Maximum LVR | 90% Full Doc 85% Alt Doc |
| 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) |
| Application fee | from $500 |
| Risk Fee | From 0% – 2.50% |
| Pre-Assessment Fee | Individual Applicant: $950 or $1,350 |
Document Checklist
Income Documents (PAYG)
- Latest 2 Payslips
Income Documents (Self-Employed) - Full Doc
- Most recent 1 year Personal Tax Returns & Notice of Assessment (no older than 21 months)
- Most recent 1 year Company Tax Returns & Financial Statements (no older than 21 months)
Income Documents (Self-Employed) - Alt Doc
- Declaration of Financial Position plus one of:
- Accountants Letter
- 6 months BAS
- 6 months bank statements
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.