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Loan purpose:

Owner occupied or investment property:

House and Land construction loans with progress payments.
Suitable borrowers:

Australian residents, temporary and non-residents:

Salaried employees
Self-employed
Repayment types
Principal and interest
Interest only
Interest rate types
Variable rate
Fixed rate for 1 to 3 years.
Loan size
Min $200,000
Max $2,000,000
Maximum LVR
70%
Maximum loan term
Up to 30 years
Repayment method
Monthly repayments by direct debit.
Online access
Through the Brighten Home Loans portal

How does it work?

1

Submit Your Application

We process your application and supporting documents, and issue you with a complimentary conditional written approval within 48 hours.

2

Valuation & Income Verification

We will begin our valuation and income verification process after Application Fee and Valuation Fee are settled.

3

Documents Signing

We will issue you the formal loan approval, then we will forward you all the necessary documents you need to sign.

4

Settlement

We finalise your settlement, and your loan is released to you. Congratulations!

Loan Application Documents Checklist

 

  • Employee (PAYG)

    I’m a borrower with salaried income

  • Self-employed

    I’m a borrower with self-employed income

Employee (PAYG)

I’m a borrower with salaried income

Identification documents

  • Certified copy of Passport; AND
  • Certified copy of ID card

    Credit Report

    • Personal Credit Report from the country of residence

    Income Documentation

    • Brighten template Employment Income Verification Form (signed by employer)
    • 3 months bank statements (within 45 days of assessment)

    Evidence of Funds

    • Showing funds to complete the land purchase and construction contract

    Evidence of security

    • Copy of Contract of Sale for purchase of land and Fixed Price Building Contract; AND
    • Copy of the stamped Council Approved Plans and Builders All Risk Insurance Policy

    Additional income supporting documents (if applicable)

    • Rental income: lease agreement or recent rental statement or 3 months bank statements with rental crediting dated within 45 days. (Accepting rental income outside Australia)
    • Investment income: 12 months investment fund or share portfolio statements and dividends received. (Accepting investment income outside Australia)

    Self-employed

    I’m a borrower with self-employed income

    Identification documents

    • Certified copy of Passport; AND
    • Certified copy of ID card

      Credit Report

      • Personal Credit Report from the country of residence

      Income Documentation

      • 6 months personal bank statements and 1 month business bank statements (within 45 days of assessment); AND
      • 2 years business financials; OR
      • Brighten template Self Employed Income Verification Form (signed by practicing accountant)

      Evidence of Funds

      • Showing funds to complete the land purchase and construction contract

      Evidence of security

      • Copy of Contract of Sale for purchase of land and Fixed Price Building Contract; AND
      • Copy of the stamped Council Approved Plans and Builders All Risk Insurance Policy

      Additional income supporting documents (if applicable)

      • Rental income: lease agreement or recent rental statement or 3 months bank statements with rental crediting dated within 45 days. (Accepting rental income outside Australia)
      • Investment income: 12 months investment fund or share portfolio statements and dividends received. (Accepting investment income outside Australia)

      Why Choose Brighten?

      1

      Superior Product Offering

      Comprehensive offering for every purpose – Purchase, Refinance, Equity Release and Construction

      2

      Less Time to ‘YES’

      Fast turnaround times supported by proprietary loan processing platform

      3

      Complimentary Assessment

      Complimentary pre-assessment and conditional written approval

      4

      Diverse and Resilient Funding

      Our loans are fully funded by multiple sources of institutional capital including top tier international banks.

      5

      Better Service Proposition

      Our experienced, multilingual team are available when you need them to help you navigate your home loan journey.

      6

      Industry Recognition

      Established broker and aggregator network and holds industry memberships with the MFAA and FBAA.

      Discover a brighter future
      with Brighten

      Complimentary Assessment

      Prefer to chat? Get in touch on 13 14 88