The following parameters apply for loan amounts, across Bluestone products:
- Minimum loan size is $100,000 before fees, loan splits; can be up to and including 4 splits, with a minimum of $50,000 per split.
- Maximum loan size is defined by location as Tier 1, 2 or 3 as follows;
- Tier 1 (Syd/Melb): Maximum individual loan size is $3,000,000 inclusive of fees subject to product, location and LVR rules
- Tier 2 (Large Capital and Regional Cities): Maximum individual loan size is $2,500,000 inclusive of fees subject to product, location and LVR rules
- Tier 3 (Other Locations): Maximum individual loan size is $1,500,000 inclusive of fees subject to product, location and LVR rules
- Select areas of WA, NT and FNQ not acceptable or restricted to max loan amount $750,000 (LVR 75%)
Aggregate exposure limits
- Prime Full Doc: $5m
- Prime Alt Doc: $3.5m
- Near Prime Full Doc: $4m
- Near Prime Alt Doc: $3m
- Specialist Full Doc: $3m
- Specialist Alt Doc: $2.5m
- Specialist + Full Doc: $2m
- Specialist + Alt Doc: $1.5m
- When the overall exposure is greater than $3,000,000 a weighted average LVR restriction of 80% applies
Category 1 – Sydney / Melbourne
| LVR | Prime | Near Prime | Specialist | Specialist+ |
| ≤90% | $1,500,000 | $1,500,000 | n/a | n/a |
| ≤85% | $1,750,000 | $1,750,000 | $1,500,000 | n/a |
| ≤80% | $2,000,000 | $2,000,000 | $1,500,000 | $1,000,000 |
| ≤75% | $2,250,000 | $2,250,000 | $1,750,000 | $1,500,000 |
| ≤70% | $2,250,000 | $2,250,000 | $1,750,000 | $1,500,000 |
| ≤65% | $3,000,000 | $3,000,000 | $2,000,000 | $1,750,000 |
| ≤60% | $3,000,000 | $3,000,000 | $2,500,000 | $2,000,000 |
Category 2 – Large Capital and Regional Cities
| LVR | Prime | Near Prime | Specialist | Specialist+ |
| ≤90% | $1,500,000 | $1,500,000 | n/a | n/a |
| ≤85% | $1,500,000 | $1,500,000 | $1,250,000 | n/a |
| ≤80% | $1,750,000 | $1,750,000 | $1,500,000 | $1,000,000 |
| ≤75% | $2,000,000 | $2,000,000 | $1,750,000 | $1,500,000 |
| ≤70% | $2,000,000 | $2,000,000 | $1,750,000 | $1,750,000 |
| ≤65% | $2,500,000 | $2,500,000 | $2,000,000 | $1,750,000 |
| ≤60% | $2,500,000 | $2,500,000 | $2,250,000 | $2,000,000 |
Category 3 – Other
| LVR | Prime | Near Prime | Specialist | Specialist+ |
| ≤90% | n/a | n/a | n/a | n/a |
| ≤85% | $1,000,000 | n/a | n/a | n/a |
| ≤80% | $1,000,000 | $1,000,000 | $750,000 | $750,000 |
| ≤75% | $1,250,000 | $1,250,000 | $1,000,000 | $1,000,000 |
| ≤70% | $1,250,000 | $1,250,000 | $1,000,000 | $1,000,000 |
| ≤65% | $1,500,000 | $1,500,000 | $1,250,000 | $1,000,000 |
| ≤60% | $1,500,000 | $1,500,000 | $1,250,000 | $1,000,000 |
Loans >$2,000,000
Loans that exceed $2,000,000 inclusive of fees:
- Only one security permitted per loan
90% PRODUCT
- Prime and Near Prime only
- Tier 1 & 2 locations only
- Max Loan amount 1.5m
- Cash out as per standard rules