NRAS Home Loan

We lend up to 90% for investors purchasing an approved National Rental Affordability Scheme (NRAS) property. Purchase NRAS and enjoy all the tax and gearing benefits plus government incentives offered under this scheme.

NRAS Home Loan

Home loan features NRAS Home Loan
Maximum LVR (inc of LMI capitalisation) 90%
Maximum loan amount (Single Security) $750,0000
Rate discounts for < 80% LVR Yes
Maximum Loan Term 30 Years
Loan Type Full Doc
Owner occupied or investment Yes
Investment only
Refinance No
Principal and interest Yes
Interest only term (5 or 10 year options)
12 months (construction)
Yes
Business No
Foreign Resident No
Maximum Number of free splits 10/td>
Minimum Amount of Split $10k
Fixed Rates No
Mortgage Insurance Only applies if LVR ≤ 80%
Capitalise Mortgage Insurance Yes
          Loan Options
100% redraw offset account Yes
Line of Credit No
VISA debit card Yes
Cheque Book Yes
          Repayment Options
Monthly Yes
Fortnightly Yes
Weekly Yes
Direct Debit Yes
Salary Credit Yes
Want to know more >>