Our Prime Product offers competitive, lower interest rates for borrowers with a clean credit history. It can be utilised for a range of personal or investment purposes. Provided that the qualifying criteria are met.
Credit History:
This product is ideal for:
| Loan Purpose | Suitable for purchasing, refinancing, or releasing equity in owner-occupied or investment residential properties. |
| Maximum Loan-to-Value Ratio (LVR) | Up to 80%. |
| Maximum Loan Amount | <70% LVR = $5.0m; ≤80% LVR = $3.0m. |
| Maximum Loan Term | 30 years. |
| Repayment Structure |
|
| Repayment Options | Weekly, fortnightly, or monthly payments. |
| Redraw Facility | Available |
| Extra Repayments | Permitted |
| Ongoing Fees | $15 per month account administration fee |
Prime Alt Doc is VMG’s premium solution for self-employed borrowers with clean credit who require flexible income verification. It offers competitive Prime rates for owner-occupied or investment purposes.
Credit History:
This product is well-suited for:
Please allow our team 24-48 hours to review your documents and get in touch. For urgent assistance, call us at 8600 7900.
You can give us a call at 03 8600 7900 to clarify your questions.