Brighten is excited to announce the following product changes effective 1 July 2024. These enhancements are designed to make Brighten’s offerings even more competitive and better serve you and your clients.
Investment Home Loan Special – Brighten Empower Prime
Brighten rolled out the Investment Home Loan Special, featuring a variable rate of 6.79% p.a. (comparison rate 6.82% p.a. #) for Investment P&I loans ≤$1mil and 80% LVR. This offer is designed to make their Full Doc Home Loan more accessible for investors.
Construction – Brighten Easy Builder®
- Reduced Risk Fee to 1.25% for loans between 70%-80% LVR
Bridging – Brighten Connect
- Max. loan size increased to $5mil for loans ≤70% LVR
Non-Resident – Brighten Evergreen
- Removed 0.3% interest rate loading for all self-employed loans
- Reduced Risk Fee to 1% for loans between 75%-80% LVR
- Now accepting both P&I and Interest Only loans up to 80% LVR
Updated Resident Servicing Calculator
Brighten also updated the Resident Servicing Calculator. Please download the latest version in the Brighten Broker Portal.
*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
For more information, please download the latest rate card and niche list. Click here to submit a scenario.
For any other questions please reach out to your BDM.
