TIER 1 | TIER 2 | TIER 3 | |
---|---|---|---|
Eligible Postcodes |
Metro Plus | Metro Plus, Category 1,Category 2 | All PostcodesConsidered |
Credit |
Clean Credit | Borrower Defaults Considered | Borrower Defaults Considered |
Maximum LVR - Residential |
55% | 65% | 70% |
Maximum LVR - Commercial |
45% | 55% | 65% |
Prime Rate (Residential) |
9.45% | 10.45% | 10.95% |
Prime Rate (Commercial) |
10.20% | 11.20% | 11.70% |
Establishment Fee |
1.90% | 2.10% | 2.25% |
RISK-BASED LOADING GUIDELINES |
|||
Loans $500,000 - $1,000,000 |
0.25% | 0.25% | 0.25% |
Loans >$5,000,000 |
1.00% | 1.00% | 1.00% |
Minimum Term 3 Months - 6 Months (Estab. Fee) |
0.25% | 0.25% | 0.25% |
Mimimum Term 7 Months - 11 Months (Estab. Fee) |
0.15% | 0.15% | 0.15% |