Premier Residential
From 7.39%
*Promotion Rate
About Premier Residential
- Max LVR: 80%
- Max Loan Amount: $25,000,000
- No clawback
- Full Doc, Lite Doc, Construction, Rural, Vacant Land, Bridging, Parent-2-Child, Aged Care
- Broadest mortgage product range of all non-banks
Loan Purpose and Rate - Residential
Owner Occupied - Full Doc
7.39% PI (LVR ≤ 65%; Loan Size ≤ $2m)
- Interest rate from 7.39% P.A.
- Comparison rate from 7.85% P.A.
Owner Occupied - Lite Doc
7.79% PI (LVR ≤ 65%; Loan Size ≤ $2m)
- Interest rate from 7.79% P.A.
- Comparison rate from 8.31% P.A.
Loan Purpose and Rate - Construction and Vacant Land
1-2 Dwellings Loan Size: ≤ $2m
Rate: 8.39% (LVR ≤ 65% )
- Interest rate from 8.39% P.A.
- Comparison rate from 8.92% P.A.
1-2 Dwellings Loan Size: $2m - $5m
Rate: 8.59% (LVR ≤ 65%)
- Interest rate from 8.59% P.A.
- Comparison rate from 9.12% P.A.
Loan Purpose and Rate - Rural
25-100 Acres - Full Doc
7.79% PI (LVR ≤ 65%; Loan Size ≤ $2.5m)
- Interest rate from 7.79% P.A.
- Comparison rate from 8.31% P.A.
25-100 Acres - Lite Doc
8.34% PI (LVR ≤ 65%; Loan Size ≤ $2.5m)
- Interest rate from 8.34% P.A.
- Comparison rate from 8.87% P.A.
Loan Purpose and Rate - Bridging
Loan Size ≤ $2m
8.49% (LVR ≤ 65%)
- Interest rate from 8.49% P.A.
- Comparison rate from 9.02% P.A.
Loan Size: $2m - $5m
8.64% (LVR ≤ 65%)
- Interest rate from 8.64% P.A.
- Comparison rate from 9.17% P.A.
Loan Purpose and Rate - Parent-2-Child
- Standard loan up to 80% under normal Res Rate/Fee
- Or interest rate from 2.5% set by parents/investors (minimum CPI + 0.5%) inclusive
Loan Purpose and Rate - Aged Care
-
Interest Rate from 6.99% for the first 5 years, steps up 2% in year 6 and 7
- Comparison rate from 7.53%
Product Summary
| Security type | Residential |
| Loan Amount | $100,000 to $25,000,000 |
| Maximum LVR | 80% |
| Loan Term | Up to 30 years |
| Borrower Type | Individual, Company or Trust |
| Loan Purpose | Purchase / Refinance / Equity Release / Debt Consolidation |
| Repayment Method | Direct Debit, BPAY, Pay Anyone |
| Interest structure | Principal and Interest & Interest Only (max 10 years) |
| Full Doc (LVR ≤ 65%) | From 7.39% P.A. (PI) |
| Lite Doc (LVR ≤ 65%) | From 7.79% P.A. (PI) |
| Application fee | From 1% |
Document Checklist
Income Documents - Full Doc
- 2 Payslips and Employment Letter / Contract, or
- Last 2 Years' Financials / Tax Assessment Notices
Income Documents - Lite Doc
- Borrower Repayment Declaration, plus one of:
-
Accountant's Letter
12 months BAS
12 months Trading 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.