Product Fact Sheets

Alternate Non-Resident Home Loan

The Non-Resident home loan is designed for foreign borrowers looking to invest in Australian property in the Melbourne, Sydney or Brisbane areas. Available for purchase or refinance with a loan term of 3 years

Assist Home Loan

The Better Choice Assist Home Loan with a 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their home and obtain cash out at the same time for renovations. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any credit impairments in the past 3 years and have the traditional forms of documentation to verify their income.

Assist Plus Home Loan

The Better Choice Assist Plus Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their investment property and obtain cash out at the same time for renovations. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any credit impairments in the past 3 years and have the traditional forms of documentation to verify their income.

Assist Alt Doc Home Loan

The Better Choice Assist Alt Doc Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their home and obtain cash out at the same time for renovations or any worthwhile purpose (business use excluded). Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any credit impairment or defaults and may or may not have the traditional forms of documentation to verify their income.

Assist Alt Doc Plus Home Loan

The Better Choice Assist Alt Doc Plus Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their investment property and obtain cash out at the same time for renovations or any worthwhile purpose (business use excluded) Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any credit impairment or defaults and may or may not have the traditional forms of documentation to verify their income.

Assist Near Prime Clear Home Loan

The Better Choice Assist Near Prime Clear Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to consolidate their debts and obtain cash out at the same time for renovations or business use. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any major credit impairment or defaults.

Assist Near Prime Clear Alt Doc Home Loan

The Better Choice Assist Near Prime Clear Alt Home Loan with 100% offset account and optional Visa debit card is ideal for self-employed borrowers looking to consolidate their debts and obtain cash out at the same time for renovations or business use. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any major credit impairment or defaults.

Assist Near Prime Home Loan

The Better Choice Assist Near Prime Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their home or investment property and obtain cash out at the same time for renovations. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who have not had any major credit impairment or defaults.

Assist Near Prime Alt Doc Home Loan

The Better Choice Assist Near Prime Alt Doc Home Loan with 100% offset account and optional Visa debit card is ideal for customers looking to buy or refinance their home or investment property and obtain cash out at the same time for renovations or business use. Offering a competitive rate and flexible features, this home loan has been created to meet the changing needs of Australian borrowers who may or may not have the traditional forms of documentation to verify their income. Construction is available.

Assist Specialist Home Loan

The Better Choice Assist Specialist Home Loan with 100% offset account and optional Visa debit card is designed for people who appreciate flexibility in assessing their loan application. It has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has non-genuine savings.

Assist Specialist Plus Home Loan

The Better Choice Assist Specialist Plus Home Loan with 100% offset account and optional Visa debit card is designed for people who appreciate flexibility in assessing their loan application. It has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has non-genuine savings.

Assist Specialist Alt Doc Home Loan

In recognition of the growing proportion of self-employed people in today’s workforce, the Better Choice Assist Specialist Alt Doc Home Loan with 100% offset account and optional Visa debit card has been created to assists borrowers who have difficulty providing traditional forms of income documentation. This home loan makes it easier for self-employed borrowers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. We understand it’s sometimes challenging to provide all the paperwork necessary to document your income. Our simplified documentation process is designed specifically to meet the unique needs of the self-employed or small business owners.

Assist Specialist Alt Doc Plus Home Loan

In recognition of the growing proportion of self-employed people in today’s workforce, the Assist Specialist Alt Doc Plus Home Loan with 100% offset account and optional Visa debit card has been created to assists borrowers who have difficulty providing traditional forms of income documentation. This home loan makes it easier for self-employed borrowers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. We understand it’s sometimes challenging to provide all the paperwork necessary to document your income. Our simplified documentation process is designed specifically to meet the unique needs of the self-employed or small business owners.

100% Offset Account

Our Assist 100% offset account is an easy way for borrowers to reduce the interest payable on their home loan. Offset is a feature that borrowers can add to their variable rate home loan. It enables borrowers to use the balance in their offset account to offset their home loan balance and therefore reduce the interest charged.

Assist Visa Debit Card

The Visa debit card is another way borrowers can access their available funds or redraw. The card works in conjunction with our 100% offset account for an easy way for borrowers to reduce the interest payable on their home loan.

Classic Home Loan

The Better Choice Classic Home Loan offers a standard variable loan with no ongoing account keeping fees. Available with a high LVR up to 95% inclusive of LMI (Max LVR 90% for investment purposes or Max LVR 80% if interest-only repayments). Loan available with an optional fully transactional 100% Offset Account.

Classic Fixed Rate Home Loan

The Better Choice Classic Fixed Rate Home Loan offers a standard fixed-rate loan with no ongoing account keeping fees. Available with a high LVR up to 95% inclusive of LMI (Max LVR 90% for investment purposes or Max LVR 80% if interest-only repayments). Loan available with optional fully transactional 100% Offset Account.

Classic Bridging Home Loan

A Bridging Home Loan offers you an easy way to purchase or build a new home before you sell your existing one.

Gold Alt Doc Home Loan

The Better Choice Gold Alt Doc Home Loan offers a standard variable loan for self-employed applicants where the usual income requirements for the substantiation of self-employed income are not required. Available up to 60% LVR, this loan suits borrowers that are looking for flexibility with their home loan and investment properties. FREE rediATM access nationwide with a fully transactional 100% Offset account.

NOTE: Interim Apply-Online procedure please select the “Better Choice Gold > Full Doc > Variable” product when submitting a deal for the Gold Alt Doc on Apply-Online. Please ensure you state in the notes you are submitting an Alt Doc Loan.

Gold Expat Home Loan

The Better Choice Gold Expat Home Loan is available for owner-occupied or investment. This home loan is aimed at those looking for greater flexibility within their loan.

• 90% of foreign income accepted* (PAYG only)
• Loan amounts up to $1,500,000
• 80% LVR (Interest only accepted)
• High-Density Securities accepted at 70% LVR
• Australian Citizens & Permanent Residents accepted (no interest rate loadings)

Gold Expat Home Loan Acceptable Income

This document outlines what foreign income is acceptable – including any shadings (according to Country Tier).

Gold Special Home Loan

The Better Choice Gold Special Home Loan offers a standard variable loan with no ongoing account keeping fees. Available up to 80% LVR, this loan suits borrowers that are looking for flexibility with their home loan and investment properties. FREE rediATM access nationwide with a fully transactional 100% Offset account.

NOTE: Please use the Genworth Servicing Calculator when submitting a deal for the Special Home Loan. Please ensure you do NOT use the Gold Expat Servicing Calculator.

Gold Variable Home Loan

The Better Choice Gold Home Loan offers a standard variable loan with no ongoing account keeping fees. Available up to 95% LVR inclusive of LMI, this loan suits borrowers that are looking for flexibility with their home loan. FREE rediATM access nationwide with a fully transactional 100% Offset account.

Gold SMSF Home Loan

The Better Choice Gold SMSF Home Loan offers a standard variable loan with no ongoing account keeping fees. Available up to 80% LVR, this loan suits borrowers that are looking for flexibility with their home loan and investment properties.

Options Home Loan

The Variable Home Loan offers clients a competitive variable rate. Choose from a standard loan or a fully transactional 100% Offset Account and Debit card.

Options Basic Home Loan

The Basic Home Loan offers clients a competitive variable rate. Choose from a standard loan or a fully transactional 100% Offset Account and Debit card.

Options Fixed Rate Home Loan

The Fixed Rate Home Loan offers clients a competitive variable rate. Choose from a standard loan or a fully transactional 100% Offset Account and Visa debit card.

Options Expat Home Loan

The Expat Home Loan is available for purchases, refinances or construction for both Owner Occupied or Investment properties.

Options Non Resident Home Loan

The Non Resident Home Loan  is aimed at those looking for simplicity and flexibility with their residential property purchase for non-resident borrowers.

Options SMSF Home Loan

The SMSF Home Loan is designed to provide loans to authorised Australian Self-Managed Super Funds for the purpose of purchasing or refinancing residential investment property.

Platinum Home Loan

The Platinum Home Loan offers a flexible term loan available with a 100% offset account. Evidence of income is required. Available up to 95% LVR with LMI capped to same. Available with a debit MasterCard for access to available funds and no ongoing account keeping fees. Line of credit also available.

Platinum Plus Home Loan

The Platinum Home Loan offers a flexible term loan to suit your needs. With evidence of income supplied, enjoy the benefit of a discounted rate, high LVR up to 95% inclusive of LMI. Available with 100% Offset Account and Debit MasterCard access to available funds.

Platinum Prime Home Loan Non-Genuine Savings

The Platinum Prime Home Loan (Non-Genuine Savings) offers those without savings the ability to purchase an owner-occupied property to 95% LVR plus capitalised LMI (Maximum 98% LVR). Borrowers who evident their income enjoy the ability to borrow up to 98% LVR of the value of the property with capitalised LMI. Available with a 100% offset account and debit MasterCard access to available funds.

Platinum Fixed Rate Plus Home Loan

The Platinum Fixed Rate Plus Home Loan offers a flexible term loan to suit your needs. With evidence of income supplied, enjoy the benefit of a discounted rate, high LVR up to 95%.

Platinum Line of Credit Home Loan

The Platinum Line of Credit Home Loan offers a variety of different choices to suit your needs. With evidence of income supplied, enjoy an array of options available such as a capitalising line of credit account with 15 years interest only repayments, debit MasterCard access to available funds, a 95% LVR option and more.

Platinum Line of Credit Plus Home Loan

The Platinum Line of Credit Plus Home Loan offers a variety of different choices to suit your needs. With evidence of income supplied, enjoy an array of options available such as a capitalising line of credit account with 15 years interest only repayments, debit MasterCard access to available funds, a 95% LVR option and more.

Platinum Alt Doc Home Loan

The Platinum Alt Doc Home Loan offers those who are not in a position to be able to provide full evidence of their income, the opportunity to obtain finance with the option of a flexible term loan with 100% offset account with Debit MasterCard access to available funds. LVR up to 80%.

Platinum Near Prime Home Loan

The Platinum Near Prime Home Loan offers a variety of different choices to suit your needs. This loan is suitable for borrowers with evidence of income and those who do not fit within mainstream lending guidelines. The product is suitable for borrowers with clear and adverse credit history.

Platinum Near Prime Alt Doc Home Loan

The Platinum Near Prime Home Loan offers a variety of different choices to suit your needs. This loan is suitable for borrowers with evidence of income and those who do not fit within mainstream lending guidelines. The product is suitable for borrowers with clear and adverse credit history.

Platinum Specialist Home Loan

The Platinum Specialist Home Loan offers a variety of different choices to suit your needs. This loan is suitable for borrowers with evidence of income and those who do not fit within mainstream lending guidelines. The product is suitable for borrowers with adverse credit history.

Platinum Specialist Plus Home Loan

The Platinum Specialist Plus Home Loan offers a variety of different choices to suit your needs. This loan is suitable for borrowers with evidence of income and those who do not fit within mainstream lending guidelines. The product is suitable for borrowers with adverse credit history.

Platinum Specialist Alt Doc Home Loan

The Platinum Specialist Alt Doc Home Loan gives borrowers who are not able to provide verification of their income and who do not fit within the mainstream lending guidelines the chance to obtain finance.

Platinum Specialist Alt Doc Plus Home Loan

The Platinum Specialist Alt Doc Plus Home Loan gives borrowers who are not able to provide verification of their income and who do not fit within the mainstream lending guidelines the chance to obtain finance.

Reset Home Loan

The Reset Home Loan is ideal for customers looking to buy or refinance their home or investment property and obtain cash out at the same time. Offering a competitive rate, this home loan has been created to meet the changing needs of Australian borrowers who have not had any major credit impairment or defaults.

Reset Alt Doc Home Loan

The Reset Alt Doc Home Loan is for self-employed borrowers who are unable to provide their 2 most recent tax returns but can substantiate declared income via 1 of the 3 following sources: Accountant Letter, 2 recent BAS or 6 months trading statements.

Reset Plus Home Loan

The Reset Plus Home Loan offering a competitive rate, this home loan has been created to meet the changing needs of Australian borrowers who have had small credit impairments <$1,000 and late repayments up to 7 days.

Reset Alt Doc Plus Home Loan

The Reset Alt Doc Plus Home Loan is for self-employed borrowers who are unable to provide their 2 most recent tax returns but can substantiate declared income via 1 of the 3 following sources: Accountant Letter, 2 recent BAS or 6 months trading statements.

Reset Near Prime Home Loan

The Reset Near Prime Home Loan has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has no genuine savings.

Reset Near Prime Alt Doc Home Loan

The Reset Near Prime Alt Doc Home Loan has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has no genuine savings.

Reset Specialist Home Loan

The Reset Specialist Home Loan has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has no genuine savings.

Reset Specialist Alt Doc Home Loan

The Reset Specialist Alt Doc Home Loan has been developed in response to the growing number of prime customers who want a mortgage but are excluded by the big lenders because they fail an automated credit scoring decision. This home loan makes it easier for customers to purchase or refinance their home or an investment property, consolidate their debts, or raise working capital for business purposes. It even provides a solution for customers who have had past credit problems and has no genuine savings.

Silver SMSF Home Loan

The Self Managed Super Fund (SMSF) Loan is designed to provide loans to authorised Australian Self-Managed Super Funds for the purpose of purchasing residential investment property.

Alt Doc Product Features

Our Alt Doc Product Features matrix gives you information on income and documentation requirements as well as product features across our Classic, Platinum & Assist Alt Doc product range.