Home Loans | Brighten

Loan purpose:

Owner occupied or investment property:

Purchase

Refinance

Equity Release

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 $150,000

Max $2,000,000

Maximum LVR

75%

Maximum loan term

Up to 30 years

Repayment method

Monthly repayments by direct debit

Acceptable security

Apartments

Townhouses

Houses

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!

Complimentary Assessment

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 purchase (if not yet settled)

Evidence of security

Copy of Contract of Sale for purchase; OR
Copy of Title, if property is being refinanced (and 6 months mortgage statements), or if property is being secured for equity release.

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)