Refinance
Residential property:
- 6 months home loan statements
Owner occupied property becoming investment:
- Tenancy agreement via real estate agent
- 1st rental credit via bank statement
Debt consolidation:
- Funds disbursed to creditors directly at settlement.
Private Loans:
- 6 months repayment history on Prime
ATO Debt:
- Not available on Prime
- Statement & balance owing via ATO Portal
Divorce Settlement:
- Executed separation agreement
- Transfer of Land (draft pre-uncon)
Purchase
Owner Occupied or Investment
- Contract of Sale
Favourable Purchase
Residential property:
- If Contract of Sale, lower value compared to Valuation Report.
- Transfer of Land (draft pre-uncon) consideration amount, transferee and transferor detailed
Unacceptable Loan Purposes
Vendor Finance.
Favorable purchases with rent to buy agreements.
Loans to repurchase an asset that was sold to avoid creditors.
Loans to refinance properties in possession or where an eviction notice has been issued.
Loans to complete structural renovations on our security.
Loans that involve cash backs included in the sale by property developers
Loans to Bluestone employees