Blue Residential Alt
- Home
- Residential Loan
- Blue Residential Alt
About Blue Residential Alt
- Max LVR: 80%
- Max Loan Amount: $1,750,000
- Promotion Rate: OO 6.89% LVR 65%
- Offset facility available
- Friendly cash out policy
- Alt Doc option for self employees
Loan Purpose and Rate
Owner Occupied - For provide two documents
OO: 6.89% PI (LVR ≤ 65%)
- Interest rate from 6.89% P.A.
- Comparison rate from 7.49% P.A.
Owner Occupied - For provide one document
OO: 7.14% PI (LVR ≤ 65%)
- Interest rate from 7.14% P.A.
- Comparison rate from 7.74% P.A.
Product Summary
Security type | Residential |
Loan Amount | $50,000 to $1,750,000 |
Maximum LVR | 80% |
Loan Term | Up to 30 years |
Borrower Type | Salaried and self-employed applicants |
Loan Purpose | New Purchase, Refinance, Equity Release |
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%) – For 2 documents | 6.89% P.A. (PI) |
Application fee | $990 |
Risk fee | Refer to product guide for details |
Document Checklist
Income Documents (Self-Employed)
- Self-employed Income Declaration Form PLUS
- Any one or two of the following:
- Accountant Letter
- 12 months BAS statements from ATO Portal
- 12 months business 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.