Construction / Land Rate Watch
Cabernet provide full doc construction loans to 90% LVR (85% for Xpats), while Ocean & Purple provide both Altdoc and full doc construction loans to 80% LVR.
Rate to Borrower is the top line, Comparison Rate is in bracketed italics on the 2nd line, maximum loan size for the applicable LVR is on the 3rd line, Risk Fee is the 4th line in [brackets]. If a dash (-) appears in the Clawback column, there is no Clawback on that particular product. Some products (e.g. Purple) have the same rate for OO & Inv (no rate loading). Rates and fees are subject to change at any time without notice. Ocean, Purple (max 50% LVR) and Redzed all provide vacant land only loans for Altdoc or full doc with no requirement to build.
Alt Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | |||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 1 ONLY] | 8.39% (8.56%) $2,500,000 [N/A] | 8.59% (8.76%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊😊 | |||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.44% (8.84%) $3,000,000 [N/A] | 8.64% (9.04%) $3,000,000 [N/A] | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||
| Purple (La Trobe) | Construction Max - Var | 8.64% (9.04%) $5,000,000 [N/A] | 8.94% (9.33%) $5,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $5,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | |||||||
| Investor | ||||||||||||||||||||
| Navy (BC Invest) | Navy Vacant Land - Comm ICAP | 10.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi | 8.99% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi ICAP | 9.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | IO | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | Conditions Apply | | ||||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | |||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 1 ONLY] | 8.39% (8.56%) $2,500,000 [N/A] | 8.59% (8.76%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊😊 | |||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.44% (8.84%) $3,000,000 [N/A] | 8.64% (9.04%) $3,000,000 [N/A] | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||
| Purple (La Trobe) | Construction Max - Var | 8.64% (9.04%) $5,000,000 [N/A] | 8.94% (9.33%) $5,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $5,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | |||||||
| Vacant Land | ||||||||||||||||||||
| Navy (BC Invest) | Navy Vacant Land - Comm ICAP | 10.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi | 8.99% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi ICAP | 9.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | IO | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | Conditions Apply | | ||||||||
| Ocean (ORDE) | Diamond Land Altdoc A | 9.54% (9.67%) $1,000,000 [N/A] | 9.74% (9.87%) $1,000,000 [N/A] | 9.74% (9.87%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.50% | VAC | PI | 30 yrs | $1,000,000 | ERF Waiver Fee - add 0.50% to App Fee (company accounts) | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1 or 2 | 😊😊 | ||||||
| Ocean (ORDE) | Vacant Land A - Altdoc Commercial | 9.74% (9.82%) $2,000,000 [N/A] | 9.94% (10.02%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.50% | VAC | IO, PI | 30 yrs | $2,000,000 | 1.25x ITC | ERF applies individual & company applicants | ERF Waiver Fee - add 0.50% to App Fee | Cat 1 locations only | No land banking | COMMERCIAL LAND | | |||||||
| Purple (La Trobe) | Vacant Land - Altdoc A | 8.44% (8.74%) $3,000,000 [N/A] | 8.64% (8.74%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | 0.40% | 1.5% | VAC | IO | 2 yrs | $3,000,000 | Max 2 Year Term | Can use 1 Yr ITR | Max 75% LVR - Metro Only | Max 70% LVR - Regional | Max 65% LVR - All | | |||||||
| Red (RedZed) | R1a SE Prime Land - Altdoc A | 7.25% (7.48%) $750,000 [0%] | 7.28% (7.51%) $750,000 [0%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.05% - 0.15% | 399 | VAC | PI | 30 yrs | $750,000 | App Fee includes 1 val to $2m value payable @ settlement |Nil Risk Fee |Max 1 acre - Cat 1 | No covenants or construction within 2 yrs of settlement | 24 mth ABN with >2 yrs same industry experience | Offset Available | 😊😊 | |||||||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Construction - Var Cat 1 | 8.54% (8.70%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.95% (9.10%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 1 Yr ABN |😊😊😊 | |||||
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Construction - Var Cat 1 | 8.54% (8.70%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.95% (9.10%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 1 Yr ABN |😊😊😊 | |||||
| Vacant Land | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Land Altdoc B | 10.04% (10.16%) $1,000,000 [N/A] | 10.34% (10.48%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.75% | VAC | PI | 30 yrs | $1,000,000 | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1, 2. 3 or 4. | 1.50% App Fee to 70% LVR; 1.75% App Fee >70% LVR | | |||||||
| Red (RedZed) | R1 Reward Land - Altdoc B | 7.65% (7.90%) $1,250,000 [N/A] | 7.65% (7.90%) $1,250,000 [N/A] | 7.65% (7.90%) $1,250,000 [N/A] | 7.70% (7.95%) $1,250,000 [N/A] | 7.80% (8.08%) $1,250,000 [0.50%] | 7.90% (8.18%) $750,000 [0.50%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.20% | 399 | VAC | PI | 30 yrs | $1,250,000 | App Fee includes 1 val to $2m value payable @ settlement | No covenants or construction within 2 yrs of settlement | 6 mth ABN with >2 yrs same industry experience | Can use I Yr ITR if SE <2yrs. | Offset Available | Max 2.5 acres to 75% - Max 1 acre @ 80% |👌 | |||
| Red (RedZed) | R2 Recharge Land - Altdoc C | 8.99% (9.27%) $1,500,000 [0.75%] | 8.99% (9.27%) $1,500,000 [0.75%] | 8.99% (9.27%) $1,500,000 [0.75%] | 9.34% (9.63%) $1,000,000 [1.00%] | 9.54% (9.82%) $1,000,000 [1.00%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.30% | 399 | VAC | PI | 30 yrs | $1,500,000 | $ Nil App Fee | Max 5 acres - Cat 1 & 2 | No covenants or construction within 2 yrs of settlement |6 mth ABN with <2 yrs same industry experience | Can use 1 Yr ITR if SE <2yrs. | Offset Available. | | ||||
Fixed Rate
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investor | ||||||||||||||||||||
| Purple (La Trobe) | Development Construction DC1 - $5m | 9.99% (10.21%) $5,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.65% | INV | IO | 2 yrs | $5,000,000 | Construction of 2 or more dwellings wiith interest capitalisation. Must be SPV. Max 70% GRV / 80% TDC. Max 60% GRV for childcare centres. | ||||||||
| Purple (La Trobe) | Development Construction DC2 - $15m [Mid] | 10.69% (10.91%) $15,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.65% | INV | IO | 2 yrs | $15,000,000 | Construction of 2 or more dwellings wiith interest capitalisation. Must be SPV. Max 70% GRV / 80% TDC. Max 60% GRV for childcare centres. | ||||||||
| Purple (La Trobe) | Development Construction DC3 - $25m [Max] | 10.99% (11.20%) $25,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.65% | INV | IO | 2 yrs | $25,000,000 | Construction of 2 or more dwellings wiith interest capitalisation. Must be SPV. Max 70% GRV / 80% TDC. Max 60% GRV for childcare centres. | ||||||||
Near Prime Fixed
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vacant Land | ||||||||||||||||||||
| Navy (BC Invest) | Navy Land Bullet | 0.00% (0.00%) $1,000,000 | 18 May 2024 | - | - | - | - | VAC | IO | 3 yrs | $1,000,000 | Non Code Only - must be business use | No Servicing | POA | Metro Land Only | Must have Exit Strategies | Min. Term 6 mths | Cash Out available for business purposes | Quote will be provided subject to circumstances | | ||||||||
Full Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Cabernet (ORIGIN) | FlexiBuild OO - Var Construction | 6.55% (7.02%) $2,000,000 [0.50%] | 6.55% (7.02%) $2,000,000 [0.50%] | 6.55% (7.02%) $2,000,000 [0.50%] | 6.55% (7.05%) $2,000,000 [1.00%] | 6.55% (7.11%) $1,750,000 [2.25%] | 6.85% (7.47%) $1,500,000 [3.50%] | 28 Feb 2025 | - | 24 mths | Nil | $500 | OO | PI | 30 yrs | $2,000,000 | 1 Yr IO construction + 29 yrs PI =30 yrs | 100% Offset available when completed | CRF [Construction Risk Fee] applies to all construction loans | CRF Charged @ 1/12 pm via Direct Debit if construction period exceeds 12 mths | No Rate Loading | | |||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | |||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 1 ONLY] | 8.39% (8.56%) $2,500,000 [N/A] | 8.59% (8.76%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊😊 | |||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.44% (8.84%) $3,000,000 [N/A] | 8.64% (9.04%) $3,000,000 [N/A] | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||
| Purple (La Trobe) | Construction Max - Var | 8.64% (9.04%) $5,000,000 [N/A] | 8.94% (9.33%) $5,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $5,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | |||||||
| Investor | ||||||||||||||||||||
| Cabernet (ORIGIN) | Co-Living Inv - Var Construction | 7.65% (8.20%) $2,000,000 [2.50%] | 7.65% (8.20%) $2,000,000 [2.50%] | 7.75% (8.30%) $2,000,000 [2.50%] | 8.05% (8.62%) $2,000,000 [3.00%] | 28 Feb 2025 | - | 24 mths | Nil | $500 | INV | PI | 30 yrs | $2,000,000 | IO Rate Loading of 0.80% during construction - removed when reverts to P&I (1 Yr IO + 29 yrs PI) | 100% Offset available when completed | CRF [Construction Risk Fee] applies to all construction loans | CRF Charged @ 1/12 pm via Direct Debit if construction >12 mths | Co-Living / Shared Living | Max 6 rooms | Br must have ensuite & Key Lock | Commercial Val.| | |||||
| Cabernet (ORIGIN) | Co-Living Max Inv - Var Construction | 8.15% (8.69%) $3,000,000 [2.50%] | 8.25% (8.79%) $3,000,000 [2.50%] | 28 Feb 2025 | - | 24 mths | Nil | $500 | INV | PI | 30 yrs | $3,000,000 | IO Rate Loading of 0.80% during construction - removed when reverts to P&I (1 Yr IO + 29 yrs PI) | Co-Living | Max 6 rooms | Br must have ensuite & Key Lock | Commercial Val. |100% Offset available when completed |LPF [Lender Protection Fee] applies all Construction Loans | CRF [Construction Risk Fee] applies to all construction loans - Charged @ 1/12 pm via Direct Debit during construction period | | |||||||
| Cabernet (ORIGIN) | FlexiBuild Inv - Var Construction | 6.85% (7.35%) $2,000,000 [1.25%] | 6.85% (7.35%) $2,000,000 [1.25%] | 6.85% (7.35%) $2,000,000 [1.25%] | 6.85% (7.38%) $2,000,000 [1.75%] | 6.85% (7.44%) $1,750,000 [3.00%] | 7.15% (7.80%) $1,500,000 [4.25%] | 28 Feb 2025 | - | 24 mths | Nil | $500 | INV | PI | 30 yrs | $2,000,000 | 1 Yr IO construction + 29 yrs PI =30 yrs | 100% Offset available when completed | CRF [Construction Risk Fee] applies to all construction loans | CRF Charged @ 1/12 pm via Direct Debit if construction period exceeds 12 mths | No Rate Loading | | |||
| Navy (BC Invest) | Navy Vacant Land - Comm ICAP | 10.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi | 8.99% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi ICAP | 9.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | IO | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | Conditions Apply | | ||||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | |||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 1 ONLY] | 8.39% (8.56%) $2,500,000 [N/A] | 8.59% (8.76%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊😊 | |||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.44% (8.84%) $3,000,000 [N/A] | 8.64% (9.04%) $3,000,000 [N/A] | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||
| Purple (La Trobe) | Construction Max - Var | 8.64% (9.04%) $5,000,000 [N/A] | 8.94% (9.33%) $5,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $5,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | |||||||
| NDIS | ||||||||||||||||||||
| Cabernet (ORIGIN) | NDIS FlexiBuild Inv - Var Construction | 7.65% (8.14%) $2,000,000 [1.25%] | 7.65% (8.14%) $2,000,000 [1.25%] | 8.00% (8.48%) $2,000,000 [1.25%] | 8.00% (8.51%) $2,000,000 [1.75%] | 28 Feb 2025 | - | 24 mths | n/a | $500 | NDIS | PI | 25 yrs | $2,000,000 | IO Rate Loading of 0.80% (included in displayed rates) during construction - removed when reverts to P&I (1 Yr IO + 24 yrs PI) | Offset available when completed | LPF applies all Construction Loans | Use the rate displayed less 0.80% rate loading for assessment | | |||||
| Cabernet (ORIGIN) | NDIS FlexiBuild OO - Var Construction | 7.35% (8.14%) $2,000,000 [1.25%] | 7.70% (8.48%) $2,000,000 [1.25%] | 7.70% (8.51%) $2,000,000 [1.75%] | 28 Feb 2025 | - | 24 mths | n/a | $500 | NDIS | PI | 25 yrs | $2,000,000 | IO Rate Loading of 0.80% (included in displayed rates) during construction - removed when reverts to P&I (1 Yr IO + 24 yrs PI) | Offset available when completed | LPF applies all Construction Loans | Use the rate displayed less 0.80% rate loading for assessment | | ||||||
| Vacant Land | ||||||||||||||||||||
| Navy (BC Invest) | Navy Vacant Land - Comm ICAP | 10.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi | 8.99% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | PI | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Loadings may apply | | ||||||||
| Navy (BC Invest) | Navy Vacant Land - Resi ICAP | 9.49% (0.00%) $1,000,000 [1.50%] | 27 Feb 2025 | - | - | Nil | - | INV, VAC | IO | 30 yrs | $1,000,000 | No Rate loading for Altdoc | Metro Only - No Regional | Standard Metro block | Interest Capitalised for 12 months | Loadings may apply | Conditions Apply | | ||||||||
| Ocean (ORDE) | Vacant Land A - FD Commercial | 9.34% (9.41%) $2,000,000 [N/A] | 9.39% (9.46%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.35% | VAC | IO, PI | 30 yrs | $2,000,000 | ERF applies individual & company applicants | ERF Waiver Fee - add 0.50% to App Fee | Cat 1 locations only | 1.35% App Fee | 1.25x ITC | | |||||||
| Ocean (ORDE) | Diamond Land - Full doc A | 9.44% (9.54%) $1,000,000 [N/A] | 9.59% (9.69%) $1,000,000 [N/A] | 9.59% (9.69%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.00% | VAC | PI | 30 yrs | $1,000,000 | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1 or 2 | ERF Waiver Fee - add 0.50% to App Fee (company accounts) | Can use 1 Yr ITR -need most recent BAS from Jan-June. 😊😊 | ||||||
| Purple (La Trobe) | Vacant Land - Full Doc A | 8.44% (8.74%) $3,000,000 [N/A] | 8.64% (8.74%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | 0.40% | 1.5% | VAC | IO | 2 yrs | $3,000,000 | Max 2 Year Term | Can use 1 Yr ITR | Max 75% LVR - Metro Only | Max 70% LVR - Regional | Max 65% LVR - All | | |||||||
| Red (RedZed) | R1a SE Prime Land - FD A | 6.95% (7.18%) $750,000 [0%] | 7.10% (7.33%) $750,000 [0%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.05% - 0.15% | 399 | VAC | PI | 30 yrs | $750,000 | App Fee includes 1 val to $2m value payable @ settlement |Nil Risk Fee |Max 1 acre - Cat 1 | No covenants or construction within 2 yrs of settlement | 24 mth ABN with >2 yrs same industry experience | Offset Available | 😊😊 | |||||||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Construction - Var Cat 1 | 8.54% (8.70%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.95% (9.10%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 1 Yr ABN |😊😊😊 | |||||
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Construction - Var Cat 1 | 8.54% (8.70%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.74% (8.89%) $1,750,000 [N/A] | 8.95% (9.10%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 1 Yr ABN |😊😊😊 | |||||
| Vacant Land | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Land - Full Doc B | 9.74% (9.84%) $1,000,000 [N/A] | 9.84% (9.94%) $1,000,000 [N/A] | 9.84% (9.94%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.00% | VAC | PI | 30 yrs | $1,000,000 | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1, 2., 3 or 4 | Can use 1 Yr ITR -need most recent BAS from Jan-June. 😊😊 | ||||||
| Red (RedZed) | R1 Reward Land - Full doc B | 7.45% (7.70%) $1,250,000 [N/A] | 7.45% (7.70%) $1,250,000 [N/A] | 7.45% (7.70%) $1,250,000 [N/A] | 7.50% (7.75%) $1,250,000 [N/A] | 7.50% (7.77%) $1,250,000 [0.35%] | 7.70% (7.97%) $750,000 [0.35%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.20% | 399 | VAC | PI | 30 yrs | $1,250,000 | App Fee includes 1 val to $2m value payable @ settlement | No covenants or construction within 2 yrs of settlement | 6 mth ABN with >2 yrs same industry experience | Can use I Yr ITR if SE <2yrs. | Offset Available | Max 2.5 acres to 75% - Max 1 acre @ 80% |👌 | |||
| Red (RedZed) | R2 Recharge Land - Full doc C | 8.59% (8.87%) $1,500,000 [0.75%] | 8.59% (8.87%) $1,500,000 [0.75%] | 8.59% (8.87%) $1,500,000 [0.75%] | 8.94% (9.22%) $1,000,000 [0.75%] | 9.14% (9.42%) $1,000,000 [0.75%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.30% | 399 | VAC | PI | 30 yrs | $1,500,000 | $ Nil App Fee | 0.75% Risk Fee to 70% (then 1.0%) | Max 1 acre Cat 1 & 2 | No covenants or construction within 2 yrs of settlement |6 mth ABN with <2 yrs same industry experience | Can use 1 Yr ITR if SE <2yrs. | Offset Available. | | ||||
1 Yr Returns
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||||
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.34% (8.51%) $1,500,000 [N/A] | 8.34% (8.51%) $1,250,000 [N/A] | 8.54% (8.71%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,500,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var Cat 1 ONLY | 8.14% (8.31%) $1,750,000 [N/A] | 8.34% (8.51%) $1,750,000 [N/A] | 8.54% (8.71%) $1,500,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 2Yr ABN |😊😊😊 | ||||||
| Ocean (ORDE) | Diamond Construction - Var [Cat 2 ONLY] | 8.14% (8.31%) $1,750,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $1,750,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Ocean (ORDE) | Diamond Construction Max - Var [Cat 2 ONLY] | 8.39% (8.56%) $2,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | Nil | 1.25% | OO, INV | IO | 30 yrs | $2,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | Max 5 acres | Build must commence 3 mths of land settlement | 😊😊 | ||||||||
| Purple (La Trobe) | Construction - Var | 8.84% (9.23%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | Nil | 1.5% | OO, INV | IO | 29 yrs | $3,000,000 | Rate during build only, reverts to applicable Altdoc rate when built | Assessed at Revert Rate x 29 yrs | | ||||||||
| Vacant Land | ||||||||||||||||||||
| Ocean (ORDE) | Diamond Land - Full doc A | 9.44% (9.54%) $1,000,000 [N/A] | 9.59% (9.69%) $1,000,000 [N/A] | 9.59% (9.69%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.00% | VAC | PI | 30 yrs | $1,000,000 | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1 or 2 | ERF Waiver Fee - add 0.50% to App Fee (company accounts) | Can use 1 Yr ITR -need most recent BAS from Jan-June. 😊😊 | ||||||
| Purple (La Trobe) | Vacant Land - Full Doc A | 8.44% (8.74%) $3,000,000 [N/A] | 8.64% (8.74%) $3,000,000 [N/A] | 17 Feb 2025 | - | Nil mths | 0.40% | 1.5% | VAC | IO | 2 yrs | $3,000,000 | Max 2 Year Term | Can use 1 Yr ITR | Max 75% LVR - Metro Only | Max 70% LVR - Regional | Max 65% LVR - All | | |||||||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | 85% | 90% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vacant Land | ||||||||||||||||||||
| Ocean (ORDE) | Emerald Land - Full Doc B | 9.74% (9.84%) $1,000,000 [N/A] | 9.84% (9.94%) $1,000,000 [N/A] | 9.84% (9.94%) $1,000,000 [N/A] | 11 Mar 2025 | - | Nil mths | 0.30% | 1.00% | VAC | PI | 30 yrs | $1,000,000 | No covenants or construction within 1 yr of land settlement | Max 5 acres – Cat 1, 2., 3 or 4 | Can use 1 Yr ITR -need most recent BAS from Jan-June. 😊😊 | ||||||
| Red (RedZed) | R1 Reward Land - Full doc B | 7.45% (7.70%) $1,250,000 [N/A] | 7.45% (7.70%) $1,250,000 [N/A] | 7.45% (7.70%) $1,250,000 [N/A] | 7.50% (7.75%) $1,250,000 [N/A] | 7.50% (7.77%) $1,250,000 [0.35%] | 7.70% (7.97%) $750,000 [0.35%] | 14 Feb 2025 | 31 Mar 2025 | Reduces by 4.16% pm - 24 mths | 0.20% | 399 | VAC | PI | 30 yrs | $1,250,000 | App Fee includes 1 val to $2m value payable @ settlement | No covenants or construction within 2 yrs of settlement | 6 mth ABN with >2 yrs same industry experience | Can use I Yr ITR if SE <2yrs. | Offset Available | Max 2.5 acres to 75% - Max 1 acre @ 80% |👌 | |||