Target MarketSuited to a wide range of borrowers, including First Home Buyers and investors wishing to access residential mortgage finance.
Key Features and Benefits
- Allows borrowers to purchase their property with only a 5% deposit
- Loan terms of up to 40 years are available which assists in lowering repayments
- Discounts may be available for First Home Buyers
- Capitalisation of LMI Premium available
- Available for a wide range of purposes including Home Improvements, Refinances, Bridging Finance, Debt Consolidation, Vacant Land, 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
|
All other
|
|
House / Unit
|
0 - 80%
|
$1,000,000
|
$800,000
|
$600,000
|
$500,000
|
|
80.01 - 85%
|
$850,000
|
$600,000
|
$450,000
|
$400,000
|
| |
85.01 - 90%
|
$700,000
|
$500,000
|
$400,000
|
$400,000
|
| |
90.01- 95%
|
$600,000 |
$450,000 |
$350,000 |
$300,000 |
| Land |
0 - 90% |
$550,000 |
$350,000 |
$250,000 |
$200,000 |
| |
90.01 - 95% |
$450,000 |
- |
- |
- |
Click here to download our Maximum Loan Amount Matrix
|
About Us Locally
