POLICY CHANGES EFFECTIVE COB 15th SEPTEMBER 2025
NDIS (SDA) Investment Properties
- All applications require an Accountants’ letter confirming applicant’s net asset position of $2.5m OR that at least one applicant earns $250k gross income per annum OR Independent Financial Advice plus Due Diligence report.
- 80% of estimated NDIS income for new properties is acceptable.
- 80% of actual NDIS income for existing properties is acceptable (evidenced via bank or rental statements).
- 100% of funding in participants package for owner occupied use.
- SDA properties are an unacceptable security property type for SMSF and Non-Resident loans.
RATE GUIDE | PURCHASE, REFINANCE & CONSTRUCTION
| LVR | <70% | <80% | <90% |
| Established & Construction | 7.34% | 7.44% | N/A |
PURPOSE LOADINGS & RISK FEES
| Interest Only^ | N/A |
| Lender Protection Fee (Established Dwellings) | LVR’s <80% – 1.00% LVR’s <85% – 3.25% LVR’s <90% – 4.50% |
| Construction Risk Fee (CRF) CRF is applicable for all construction loans. Monthly CRF is mandatory which is 1/12 of CRF amount. | LVR’s <80% an CRF of 1.50% LVR’s <85% an CRF of 3.75% LVR’s <90% an CRF of 5.00% OO or Multi Dwelling (excludes duplex) LVR’s <85% – 1.00% LVR’s <90% – 4.50% |
MAX LOAN SIZE & LVR GUIDE
| LVR | Inner City | Metro | Non-Metro | Regional and/or Unclassified |
| 0 – 70% | $3,500,000 | $3,500,000 | $3,500,000 | $3,000,000 |
| 70.01% – 80.00% | $3,500,000 | $3,500,000 | $5,500,000 | $2,500,000 |
| 80.01% – 90.00% | N/A | N/A | N/A | N/A |
| 90.01% – 95% | N/A | N/A | N/A | N/A |
- Maximum LVR for specialist disability accommodation (SDA) owner occupied properties is 80% of DCF valuation.
- Maximum LVR for specialist disability accommodation (SDA) investment properties is 80% of DCF valuation capped at 90% of the Alternate Use value.
- SDA investment properties must be within 30k radius of the following capital cities (Adelaide, Brisbane, Melbourne, Perth, Sydney) or within 15k radius of the following cities (Canberra, Darwin, Geelong, Gold Coast (Tweed Heads, Coolangatta, Surfers Paradise, Southport), Liverpool, Newcastle, Maroochydore, Parramatta, Penrith, Wollongong).
- SDA properties for owner occupied use are excluded from the above GPO radius restrictions.
PRODUCT OVERVIEW
- Available for approved NDIS securities in Metro, Non-Metro locations
- A 10% liquidity test is applicable for all SDA loans.
- Applicants can only construct one SDA or Co-Living dwelling at the same time.
- ^Interest Only during construction up to 24 months then reverts to P & I repayments.
- ^Interest Only available up to 5 years for established dwellings with 0.40% loading to rate.
- *Max loan size is up to $3,500,000 with LVR’s to 80%.
- Maximum loan term is 30 years.
- Maximum Borrower exposure $10,000,000.
- Offset Account available.
- Debt to Income Ratio to be less than 8.00:1.
- Minimum Applicant(s) CCR score is 700.
- Progress draw fees may be higher on application subject to location.
- Includes Offset Account, BPAY®, Internet Banking, ATM/EFTPOS access, and Redraw once construction is complete.
APPROX. FEES
GET IN
| Application Fee | $199.00 |
| Valuation Fee | At cost |
| Construction Admin Fee | $750.00 |
| Lenders Legal Fee from | $440.00 |
| Annual Fee Investment | $395.00 |
| Settlement Fee | $199.00 |
GET OUT
| Product Discharge Fee | $895.00 |
Other terms, fees & charges may apply. Refer to the Postcode Guide for more details on acceptable security locations and LVR limitations. Product availability & conditions are subject to change without notice. Australian Credit Licence 409 649. Rates are effective from 15th September 2025.