Brighten Evergreen

To celebrate the Chinese New Year, Brighten is pleased to announce their latest feature to their Non-Resident home loan product – Brighten Evergreen. You can now borrow up to $1m at 80%LVR  for properties in Sydney, Melbourne and Brisbane metropolitan, or $750k for properties in other metropolitan cities.

Key product features of Brighten Evergreen (Non-Resident)

• Available to Non-Residents or Residents borrowers with non-Australian sourced income
• Variable rate from 3.88%p.a.^*(comparison rate 4.42%p.a.#) up to $1m and 65%LVR 
• Variable rate from 4.28%p.a.²(comparison rate 4.81%p.a.#) up to $1m and 70%LVR 
• Variable rate from 4.68%p.a.³(comparison rate 5.30%p.a.#) up to $1m and 80%LVR  
• Max. Loan Size $2m 
• $0 Establishment Fee
• $0 Settlement Fee
• $0 Risk Fee up to $1.5m or ≤75%LVR  |  Loans > $1.5m +1% and Loans >75%LVR +1%
• Risk fee can be capitalised^

*Available for new Brighten Evergreen (P&I) loans ≤$1m and 65% LVR.  2. Available for new Brighten Evergreen (P&I) loans ≤$1m and 70% LVR. 3. Available for new Brighten Evergreen (P&I) loans ≤$1m and 80% LVR. An additional 0.3% p.a. loading is applicable for all Self-employed loans. Fees, charges and Terms and Conditions apply.
^When LVR is >75%LVR, the loan will be split into Account 1 at 70%LVR plus Account 2 ≤10%. Risk fee can be capitalised to Account 2. 
# 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 questions please reach out to your BDM.