Target clients

•  Individuals (PAYG or Self-employed), Companies, Partnerships or Trusts  

Loan features      

• Full supporting documentation and evidence of income is required for all applicant/s  

Loan purpose

• Loans considered for purchase, refinance or consolidation

• Investment or owner-occupied residential security property

• Loans can be regulated or non-regulated by Uniform Consumer Credit Code  

Loan term

• Up to 30 years  

Loan size            

• $30,000 – $4,000,000  

Loan to value ratio Insured  

• 95% for loans up to $750,000 – metro areas of Australia

• 90% for loans from $750,001 to $1,000,000 – metro areas of Australia  

• 80% for loans from $1,000,001 to $1,500,000 – metro areas of Australia

• 75% for loans from $1,500,001 to $2,000,000 – metro areas of Australia

•  95% LVR for loans up to $500,000 – regional areas of Australia  

• 90% LVR for loans from $500,001 to $750,000 – regional areas of Australia  

 Uninsured          

• 90% LVR for loans up to $300,000 – metro, regional and country areas of Australia

• 85% LVR for loans from $300,001 to $500,000 – metro, regional and country areas of Australia  

• 80% LVR for loans from $500,001 to $1,000,000 – metro, regional and country areas  of   Australia  

• 80% LVR for loans from $1,000,001 to $1,500,000 – metro areas of Australia  

• 70% LVR for loans from $1,000,001 to $1,500,000 – regional areas of Australia  

• 70% LVR for loans from $1,500,001 to $2,000,000 – metro and regional areas of Australia

• 65% LVR for loans from $2,000,001 to $3,000,000 – metro areas of NSW, ACT, Vic, Qld, SA and WA

• 60% LVR for loans from $3,000,001 to $4,000,000 – metro areas of NSW and Vic

Repayment methods    

• Direct debit from bank account - Direct Salary & Other Income Credits - BPAY  

Repayment frequency

• Weekly, fortnightly, twice monthly or monthly - Day and date can be nominated  

Additional repayments

• Can be made at any time using the above methods  

Redraw  

• No minimum redraw amount - StarNet (Internet) - Funds paid into bank account - StarCall (telephone)

Loan account fees

• No monthly account maintenance 

• Early repayment fee – if loan facility (or loan split) ongoing fees repaid in full  and closed < five years

• Unlimited free standard transactions p/m

• Deferred LMI fee (Insured)  

• No portability or top-up fees

• Credit Risk fee (Uninsured)

• No Internet or telephone banking fees