From 6.97%
*Promotion Rate

About Greater Residential

Loan Purpose and Rate

Owner Occupied
OO: 6.97% PI (LVR ≤ 70%)
Investment
INV: 7.26% PI (LVR ≤ 70%)

Product Summary

Security typeResidential
Loan Amount$500,000 to $2,000,000
Maximum LVR90%
Loan TermUp to 30 years
Borrower TypeIndividuals
Loan PurposeNew Purchase, Refinance, Equity Release
Repayment MethodDirect debit from nominated bank account or Bpay
Redraw FacilityAvailable – Unlimited via online
Interest structurePrincipal and Interest & Interest Only (Up to 5 years)
Owner Occupied (LVR ≤ 70%)6.97% P.A. (PI)
Investment (LVR ≤ 70%)7.26% P.A. (PI)
Application fee$0

Document Checklist

Income Documents (PAYG)
Income Documents (Self-Employed)

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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.