A traditional home loan with competitive interest rates to suit first home
buyers and owner occupiers who own no other real estate.
- Borrow up to 100% (LVR) - value
of property *.
- Grants and gifts can assist with
covering fees. You will need to have sufficient funds to cover
mortgage insurance, application fees, government charges and any other
costs in purchasing a home.
- Highest income earner must have been
in their current job for 12 months or 6 months with 2 years in same
industry and have stability in residence
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Applicant type
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Individuals
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Employment requirements
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P.A.Y.G. must be full-time or part-time permanent.
If Self-Employed, two years.
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Income: required proofs
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P.A.Y.G. Pay slips, group certificates or employer
letter. Self-employed, two years tax returns.
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Loan amounts minimum & maximum
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$30k -
$500,000 NSW Major Cities
$30k - $400,000 ACT, Vic, Qld Major Cities
$30k - $300,000 SA, WA, NT, Tas Major Cities and cat 2
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Purpose
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Owner-Occupied, or Investment
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LVR
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up to 100%
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Coded, non-coded, or either
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Either
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Credit related issues
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CLEAR.
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Variable, fixed or both
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Variable only
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P&I, I/O, or both
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Both
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Residency Status
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Citizens and permanent residents
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