Target MarketSuited to borrowers, including First Home Buyers, with limited or no savings, or those wishing to use money not sourced from their own savings as a deposit.
Key Features and Benefits
- Deposit may include a family gift, loan or the First Home Owners Grant
- Allows borrowers to purchase their property with little or no deposit, allowing their own savings to be used for stamp duty, renovations or setting up their home
- Capitalisation of LMI Premium available
- Discount may be available for First Home Buyers
- Loan terms of up to 40 years are available
- Available for a range of purposes including Bridging Finance and Construction
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
|
85.01 - 90%
|
$750,000
|
$600,000
|
$450,000
|
|
90.01 - 95%
|
$650,000
|
$500,000
|
$350,000
|
|
95.01 - 100%
|
$500,000
|
$400,000
|
$250,000
|
Click here to download our Maximum Loan Amount Matrix
|
About Us Locally
