Brighten Lender is pleased to announce the following changes, effective 9 September 2024.
Alt Doc Prime Special Offer
A reduced rate of 6.99% p.a.1 (comparison rate 7.07% p.a.#) applies to all new Brighten Boss® Prime Owner Occupied P&I loans up to $1 million and 70% LVR.
They have also increased the maximum loan sizes for Category 1 locations to:
- $5 million for Owner Occupied loans ≤60% LVR
- $3.5 million for Owner Occupied and Investment loans ≤70% LVR
Full Doc Prime Rate Cut
Brighten Lender has reduced the interest rates for new Brighten Empower Prime home loans, starting from just 6.59% p.a.2(comparison rate 6.62% p.a.#) for Owner Occupied loans, and from 6.79% p.a.3 (comparison rate 6.82% p.a.#) for Investment loans.
The maximum loan sizes for Category 1 locations have also increased:
- $5 million for Owner Occupied loans ≤65% LVR
- $3.5 million for Owner Occupied and Investment loans ≤70% LVR
For more information, please download the latest rate card here and niche list here.
1. Available for new Brighten Boss® Prime loans (OO P&I) up to $1m and 70% LVR.
2. Available for new Brighten Empower Prime loans (OO P&I) up to $2.5m and 80% LVR.
3. Available for new Brighten Empower Prime loans (Investment P&I) up to $2.5m and 80% LVR.
Fees, charges and Terms and Conditions apply. # The comparison rate is based on a secured loan of $150,000 and a term of 25 years. 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 any other questions please reach out to your BDM.
