Target MarketSuited to eligible self-employed or PAYG borrowers who are unable to produce current financial information or documentation.
Key Features and Benefits
- Allows borrowers to purchase their property without evidence of income and financial position
- No genuine equity or savings required as part of deposit
- Loan terms of up to 30 years are available
- Capitalisation of LMI Premium available
- Available for both residents and non-residents
- Available for a wide range of purposes including: Home Improvements, Refinances, Bridging Finance, Debt Consolidation, Vacant Land and Construction and Equity Release
Maximum Loan Amount And LVR (Per Security)As per Genworth Financial Security Location Guide
Property Type
|
LVR
|
Category 1
|
Category 2
|
Category 3
|
|
House / Unit
|
0 - 70%
|
$1,000,000
|
$750,000
|
$500,000
|
|
Land
|
0 - 70%
|
$600,000
|
$400,000
|
-
|
Click here to download our Maximum Loan Amount Matrix
|
About Us Locally
