Loan purpose:
Owner occupied or investment property:![](https://brighten.com.au/wp-content/uploads/2022/09/loan-purpose-refinance.png)
House and Land construction loans with progress payments.
Suitable borrowers:
Prime only:![](https://brighten.com.au/wp-content/uploads/2022/09/suitable-borrowers-salaried-employees.png)
Salaried employees
![](https://brighten.com.au/wp-content/uploads/2022/09/suitable-borrowers-self-employed.png)
Self-employed
Repayment types
![](https://brighten.com.au/wp-content/uploads/2022/09/repayment-types-principal-interest.png)
During Construction: Interest Only
![](https://brighten.com.au/wp-content/uploads/2022/09/repayment-types-interest-only.png)
After Construction: Principal and Interest or Interest Only(up to 5 years)
Interest rate types
![](https://brighten.com.au/wp-content/uploads/2022/09/interest-rate-types-variable-rate.png)
Variable rate
Loan size
![](https://brighten.com.au/wp-content/uploads/2022/09/loan-size-min.png)
Min $200,000
![](https://brighten.com.au/wp-content/uploads/2022/09/loan-size-max.png)
Max $2,000,000
Maximum LVR
![](https://brighten.com.au/wp-content/uploads/2022/09/max-lvr.png)
80% (refer to revert product LVR guide)
Maximum loan term
![](https://brighten.com.au/wp-content/uploads/2022/09/max-loan-term.png)
Up to 30 years
Repayment method
![](https://brighten.com.au/wp-content/uploads/2022/09/repayment-method.png)
Monthly repayments by direct debit.
Acceptable security:
![](https://brighten.com.au/wp-content/uploads/2022/09/loan-purpose-purchase.png)
Category 1 and Category 2 Postcodes
Note: The dwelling(s) to be constructed is limited to a maximum of two residential dwellings on one title.
Any development component, by either industry or property use (e.g. best use/project funding) is not acceptable.
Online access
![](https://brighten.com.au/wp-content/uploads/2022/09/online-access.png)
Through the Brighten Home Loans portal