Second Mortgage
Contact our BDMs for the latest rates
About Second Mortgage
- Max LVR: 75%
- Max Loan Amount: $30,000,000
- Rate: from 18% P.A.
- Accepts National Wide Security
- Accepts any purpose of cash out
- Flexible Loan Term
Loan Period and Rate
3 - 24 Months
- Interest rate from 18% P.A.
- Comparison rate from 24.33% P.A.
Contact our BDMs for the latest rates
Product Summary
| Loan Amount  | $200,000 – $30,000,000  |
| Maximum LVRÂ | 75% (location and deal dependent)Â |
| Loan Term | From 3 months to 24 months |
| Borrower Type | Company  |
| Loan Purpose | Available for a variety of purposes including purchase of residential property, bridging finance, business expansion, cash flow etc. Please speak with one of our BDMs for details.  |
| Acceptable Securities | Residential  LVR up to 75% |
| Location | Brisbane, Sydney, Melbourne, Adelaide, Perth & Gold Coast. All other locations are considered on individual merit. |
| Interest Payments  | Under 6 months interest paid advance Over 6 months interest paid monthly advance Or capitalised |
| Establishment Fee | 2.8% of loan amount (min. $5,000) |
*Please contact one of our BDMs for more information on our Short-Term Lending products. Alternatively contact us via email or submit an enquiry online.
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 24 months.
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.