Target MarketSuited to eligible self-employed or PAYE borrowers who are unable to produce current financial information or documentation.
Key Features and Benefits
- Allows borrowers to purchase their property without genuine equity or savings
- Income and financial position details are not required
- 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
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%
|
$750,000
|
$500,000
|
$500,000
|
| Land |
0 - 70%
|
$550,000
|
$350,000
|
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|
Click here to download our Maximum Loan Amount Matrix
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