HOMEBUYER PLUS

Target Market

Suited 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 or loan
  • Allows borrowers to purchase their property with little or no deposit, allowing their own savings to be used for renovations or setting up their home
  • Capitalisation of LMI Premium available
  • Discounts may be available for First Home Buyers
  • Loan terms of up to 40 years are available
  • Available for a range of purposes including 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%

 $700,000

 $500,000

 $400,000

 90.01 - 95%

 $600,000

 $450,000

 $350,000

 

 

 



Click here to download our Maximum Loan Amount Matrix