Premier Residential
From 6.44%
*Full Doc OO Discount Rate
About Premier Residential
- Full Doc Max LVR: 95% / 80% No LMI
- Max Loan Amount: $50,000,000
- No Clawback
- Full Doc, Lite Doc, Construction, Rural, Vacant Land, SMSF, Bridging, Parent-2-Child, Aged Care
- Broadest Mortgage Product Range of All Non-Banks
Loan Purpose and Rate - Residential
Owner Occupied - Full Doc OO Discount
6.44% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 6.44% P.A.
- Comparison rate from 6.85% P.A.
Owner Occupied - Lite Doc OO Discount
6.59% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 6.59% P.A.
- Comparison rate from 7.01% P.A.
Owner Occupied - Full Doc Standard Rates
6.54% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 6.54% P.A.
- Comparison rate from 6.96% P.A.
Owner Occupied - Lite Doc Standard Rates
6.79% PI (LVR ≤ 65%; Loan Size ≤ $5m)
- Interest rate from 6.79% P.A.
- Comparison rate from 7.23% P.A.
Loan Purpose and Rate - Construction and Vacant Land
Loan Size: < $3m
Rate: 8.14% (LVR ≤ 65% )
- Interest rate from 8.14% P.A.
- Comparison rate from 8.58% P.A.
Loan Purpose and Rate - Rural <100 Acres
Full Doc
7.29% PI (LVR ≤ 65%; Loan Size ≤ $2.5m)
- Interest rate from 7.29% P.A.
- Comparison rate from 7.72% P.A.
Lite Doc
7.99% PI (LVR ≤ 75%; Loan Size ≤ $2.5m)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.42% P.A.
Loan Purpose and Rate - Bridging
Loan Size < $5m
8.04% (LVR ≤ 65%)
- Interest rate from 8.04% P.A.
- Comparison rate from 8.49% P.A.
Loan Size: $5m - $10m
8.24% (LVR ≤ 65%)
- Interest rate from 8.24% P.A.
- Comparison rate from 8.69% P.A.
Loan Purpose and Rate - SMSF Residential
Loan Size < $5m
6.79% (LVR ≤ 65%)
- Interest rate from 6.79% P.A.
- Comparison rate from 7.16% P.A.
Loan Size: < $5m
6.99% (LVR ≤ 80%)
- Interest rate from 6.99% P.A.
- Comparison rate from 7.36% P.A.
Loan Purpose and Rate - Parent-2-Child <= $5mil
- Standard loan up to 80% under normal Res Rate/Fee
- Or interest rate from 2.25% set by parents/investors (minimum CPI + 0.5%) inclusive
Loan Purpose and Rate - Aged Care <= $750k
-
Interest Rate from 6.99% for the first 5 years, steps up 2% in year 6 and 7
- Comparison rate from 8.07%
Product Summary
| Security type | Residential |
| Loan Amount | $100,000 to $50,000,000 |
| Maximum LVR | Full Doc: 95% / 80% no LMI; Alt Doc: 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 from nominated bank account |
| Interest structure | Principal and Interest & Interest Only (Up to 10 Years) |
| Application Fee | From $995 |
| Pre-Assessment Fee | $950 Individual Full Doc |
| Settlement Fee | $120 |
Document Checklist
Income Documents - PAYG
- Latest 2 Payslips
- Income verification via https://bankstatements.com.au/
Income Documents - SE Lite Doc
- Borrower Repayment Declaration, plus one of:
-
Accountant's Letter
12 months BAS
12 months Trading Statements
Income Documents - SE Full Doc
- Most recent 2 years Company Tax Returns & Financial Statements
- Most recent 2 years Personal Tax Returns & Notice of Assessment