Greater Residential
From 6.81%
*Promotion Rate
About Greater Residential
- Max LVR: 90%
- Max Loan Amount: $2,000,000
- Promotion Rate: OO 6.81% LVR 70%
- Friendly Cash out Policy
- Easy Process, Fast Turnaround
- 100% Offset Facility Available
Loan Purpose and Rate - Standard
Owner Occupied
OO: 6.81% PI (LVR ≤ 70%)
- Interest rate from 6.81% P.A.
- Comparison rate from 7.31% P.A.
Investment
INV: 7.01% PI (LVR ≤ 70%)
- Interest rate from 7.26% P.A.
- Comparison rate from 7.51% P.A.
Loan Purpose and Rate - No Clawback
Owner Occupied
OO: 6.41% PI (LVR ≤ 70%)
- Interest rate from 6.41% P.A.
- Comparison rate from 7.03% P.A.
Investment
INV: 6.61% PI (LVR ≤ 70%)
- Interest rate from 6.61% P.A.
- Comparison rate from 7.23% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $50,000 to $2,000,000 |
| Maximum LVR | 90% Max $1,250,000 80% Max $2,000,000 |
| Loan Term | Up to 30 years |
| Borrower Type | Individuals |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| Repayment Method | Direct debit from nominated bank account |
| Redraw Facility | Available – Unlimited via online |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Owner Occupied (LVR ≤ 70%) | 6.81% P.A. (PI) |
| Investment (LVR ≤ 70%) | 7.01% P.A. (PI) |
| Application fee | $275 |
Document Checklist
Income Documents (PAYG)
- Last 2 payslips PLUS
- One of the following:
- Letter of employment
- Latest income statement
- Tax assessment notice
Income Documents (Self-Employed)
- Last 2 years company tax returns and financial statements
- Last 2 years individual tax return and tax assessment notice
Loan Calculator
Genworth Calculator
Recommended serviceability pass rate NDI 1.1：1
We take 80% of existing rental income into servicing for investment property.
* 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.