Blue Residential
From 6.24%
*Promotion Rate
About Blue Residential
- Max LVR: 90%
- Max Loan Amount: $15,000,000
- All Income Types Accepted
- 48-Hour SLA to Conditional
- SE Only Require 1 Year Financial
- Vacant Land Accepted
Loan Purpose and Rate - Residential Prime ≤ $2.5m
Owner Occupied - Full Doc
6.24% PI (LVR ≤ 70%)
- Interest rate from 6.24% P.A.
- Comparison rate from 6.40% P.A.
Owner Occupied - Alt Doc
6.39% PI (LVR ≤ 80%)
- Interest rate from 6.39% P.A.
- Comparison rate from 6.55% P.A.
Loan Purpose and Rate - Residential Prime $2.5m - $5m
Owner Occupied - Full Doc
7.04% PI (LVR ≤ 65%)
- Interest rate from 7.04% P.A.
- Comparison rate from 7.38% P.A.
Owner Occupied - Alt Doc
7.39% PI (LVR ≤ 65%)
- Interest rate from 7.39% P.A.
- Comparison rate from 7.74% P.A.
Loan Purpose and Rate - Residential Prime $5m - $15m
Owner Occupied - Full Doc
7.44% PI (LVR ≤ 65%)
- Interest rate from 7.44% P.A.
- Comparison rate from 7.79% P.A.
Owner Occupied - Alt Doc
7.79% PI (LVR ≤ 65%)
- Interest rate from 7.79% P.A.
- Comparison rate from 8.14% P.A.
Loan Purpose and Rate - Vacant Land Prime ≤ $1.5m
Owner Occupied - Full Doc
7.24% PI (LVR ≤ 65%)
- Interest rate from 7.24% P.A.
- Comparison rate from 7.58% P.A.
Owner Occupied - Alt Doc
7.45% PI (LVR ≤ 65%)
- Interest rate from 7.45% P.A.
- Comparison rate from 7.79% P.A.
Loan Purpose and Rate - Vacant Land Prime $1.5m - $5m
Owner Occupied - Full Doc
7.64% PI (LVR ≤ 65%)
- Interest rate from 7.64% P.A.
- Comparison rate from 7.99% P.A.
Owner Occupied - Alt Doc
7.85% PI (LVR ≤ 65%)
- Interest rate from 7.85% P.A.
- Comparison rate from 8.21% P.A.
Loan Purpose and Rate - Bridging
Prime - Full Doc
7.74% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 7.74% P.A.
- Comparison rate from 8.01% P.A.
Near Prime - Full Doc
8.24% PI (LVR ≤ 65%; Loan Size ≤ $2m)
- Interest rate from 8.24% P.A.
- Comparison rate from 8.55% 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% |
| 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