vicgroup.com.au homepage
Contact Us

Frequently Asked Questions

Victorian Mortgage Group (VMG)

How much can I borrow?
Your borrowing capacity depends on your income, financial situation (any existing loans/ commitments), and the property used as security. VMG provides loan calculators to assist in evaluating your borrowing capacity. The maximum loan amount is up to 80% of the property’s value (Loan-to-Value Ratio of 80%).
VMG offers a range of interest rates tailored to individual circumstances. Each loan application is assessed by our team to determine the most appropriate rate. Factors influencing the final rate include:
  • Type of residential property used as security (owner occupied or investment)
  • Source of income
  • Credit history
  • Loan-to-Value Ratio (LVR)

Yes. VMG Specialises in flexible lending solutions and assesses loan applications with a forward-looking approach. We consider:

  • Paid and unpaid defaults
  • Late payments and arrears
  • Discharged bankrupts

Our goal is to help clients overcome past financial challenges and achieve their
future financial objectives.

Yes. VMG permits refinancing of unlimited debts, including the payout of ATO debts, facilitating comprehensive debt consolidation.
Yes. We allow an add-back for interest charged on investment property loans, provided rental income from the property is included (typically add-back is capped at 30%, subject to flexibility).
VMG offers flexible documentation options:
  • Full Documentation: Income Tax Returns (ITRs), one year of financial statements, up-to-date tax portals, and three months of bank statements.
  • Alternative Documentation: Options include:
    • Customer declaration and accountant’s letter
    • Six months of Business Activity Statements (BAS)
    • Six months of business or personal bank statements
  • Flexible Options: Provide available documentation, and we will work with you to assess your application.
No. When assessing personal borrowing capacity, VMG excludes company debts from the assessment.
No. Generally, VMG does not include company debt repayments when evaluating personal serviceability for home loans.

Victorian Mortgage Group is a family-owned mortgage lender with over 80 years of experience. We specialize in providing flexible home loan solutions, assisting borrowers in securing their financial future.

Check our Frequently Asked Questions (FAQ) for more details or contact VMG today – our specialists are ready to assist with your loan application.
Have questions about your loan application? Contact VMG today – our specialists are ready to assist with every step of your loan process.
vicgroup.com.au homepage
Useful Links
Our Products
© Copyright 2025 All Rights Reserved.
TMDs  |  Policies
Thank you for submitting the form!

Please allow our team 24-48 hours to review your documents and get in touch. For urgent assistance, call us at 8600 7900.

Please note: We do NOT offer CAR LOANS or PERSONAL LOANS. Requests for these will not receive a response.

You can give us a call at 03 8600 7900 to clarify your questions.

Close