Experience the benefits of automation and a superior service offering for lower-risk customers. Home loans that meet the criteria will be turned around in 48 hours, excluding weekends and public holidays.
What’s the criteria?
- Predominant source of income is PAYG
- Minimum credit score is 838 (Equifax)
- Loan to valuation ratio ≤80%
- Debt to income <5.5
- Servicing is evident
- Valuation held upfront
- Maximum of 4 splits
- Maximum of 2 securities
All required documentation must be provided at lodgement to avail 48-hour service levels.
Tips:
- Order valuations upfront and upload completed valuation at submission.
- Don’t escalate to a full valuation in PropertyHub unless the LVR warrants it.
- Review the customer’s credit report to confirm credit score is 838 or above, and ensure the debts entered in ApplyOnline match those on the credit report.
Self-employed borrowers and guarantors, non-resident borrowers and construction loans do not fall under Suncorp Bank SunLight terms and conditions but will be considered on an individual basis.
Please visit the Suncorp Bank Broker Portal here or reach out to your BDM for help identifying your Suncorp Bank SunLight customers.
For any other questions please reach out to your BDM.
