Available for Borrowers with minor historical credit-related life events including:
- Defaults less than $2,000 or paid greater than 1 year
- Discharged Bankruptcy greater than 2 years
- Refer Near Prime Risk Grading Matrix for full details
RATE GUIDE | PURCHASE OR REFINANCE
| LVR (min loan size $50K) | <65% | <70% | <75% | <80% | Regional<60% |
| Investment loans up to $1.5M | 6.99% | 7.09% | 7.09% | 7.29% | 7.29% |
LOADINGS
| Offset Account | add 0.10% |
| Interest Only (max 5 years) | add 0.30% |
| Lender Risk Fees (LRF) (Fee calculated based upon approved loan limit & not added to the interest rate). | LVR’s <65% – Nil LVR’s >65.01% & <80% – 1.00% applies Regional – 1.00% applies |
MAX LOAN SIZE & LVR GUIDE
| LVR | Inner City | Metro | Non-Metro | Regional |
| 0 – 75% | $1,500,000 | $1,500,000 | $1,500,000 | $1,250,000 (60%) |
| 75.01% – 80.00% | $1,500,000 | $1,500,000 | $1,250,000 | N/A |
PRODUCT OVERVIEW
- Available for purchase, refinance of SMSF loans with acceptable residential securities.
- Only Corporate Trustee structures accepted.
- Legal & Financial advice is required for all applications (some exceptions may apply for existing SMSF’s)
- Maximum loan term of up to 30 years & minimum term 1 year.
- Maximum Single Borrow Exposure is $3,000,000.00.
- Liquidity Test – 7.5% of loan amount post settlement (condition currently waived but subject to change).
- Net Asset Test – $120,000.00 in liquid assets in the fund prior to funding being sought.
- Servicing evidenced by member(s) superannuation contributions & rental income.
- Other investment income may be used for servicing e.g. max deeming rate of 3% p.a. averaged over 2 years.
- Additional contributions can be accepted if regular (monthly) over a 6-month period (Employer or SMSF).
- Irregular contributions can be accepted if evidenced over 2 financial years (lower amount to be used).
- If the client/s have not paid additional super contributions and have the capacity, these can be accepted, subject to the members ability to service personal borrowings outside of super with the additional contribution(s) added as an additional liability for servicing purposes.
- Self Employed applicants required to evidence 2 years historical contributions being made to any Super Fund.
- Vacant land or construction not acceptable for SMSF lending purposes.
- Repayment options include Principal & Interest or Interest Only for a of maximum 5 years
- Unlimited additional repayments available without penalty.
- *Standard inclusions: documentation, review of CoS, settlement, 2 x Guarantors, review of Bare Trust.
APPROX. FEES
GET IN
| Application Fee | $299.00 |
| Valuation Fee | At cost |
| Lender Annual Fee | $395.00 |
| Lender Settlement Fee | $295.00 |
| *Lender Documentation Fees From | $1,395.00 |
GET OUT
| Discharge Fees Approx | 3 months penalty interest <3 yrs + 3rd party costs |
| 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 effective from 25th August 2025.