All the numbers you need, right at your fingertips.
At ME, we know all kinds of customers come through your door – and whoever they are, we’re ready to help you get them their loan.
This is your handy ME reckoner; a guide to what your customers need to qualify for the loan they’re after.
Existing property 95% inc. LMI
Construction loan 60%
5% deposit funds needed at application >90% LVR
No deposit funds needed <90% LVR
Existing property by size - larger than 40m2 90% inc. LMI
Display home 80%
Interest-only period available 5 years, plus additional 5 years over the life of the loan, max 90% LVR
Max non-taxable rent 80%
Home loan only 95% inc. LMI
Debt consolidation 90% + LMI
Unlimited cash out – up to 80% LVR
Max LVR 95% inc. LMI
Max country block size (postcode and LVR restrictions apply) 40ha