Brighten Interest Rate Update

26th Sep, 2022 | Branch News 29 September 2022, Lender Updates

In this article:
Brighten has made some changes to Brighten home loan products, effective 26th September 2022.
The Reserve Bank of Australia (RBA) raised the official cash rate by 0.50% on the 6th of September 2022. In response to the cash rate decision, Brighten has made the following changes to Brighten home loan products, effective 26th September 2022.
  1. Alt Doc
    The following interest rates are now applicable to new Brighten Boss® Prime and Brighten Boss® home loan applications.  
  1. Full Doc
    The following interest rates are now applicable to new Brighten Empower Prime and Brighten Empower home loan applications.  
3. Expat (Full Doc)
 
The following interest rates are now applicable to new Brighten Elevate home loan applications.
  1. Non-Resident
    The following interest rates are now applicable to new Brighten Evergreen home loan applications.   
  1. Brighten Premium (188B/C Visa Holders) 
    The following interest rates are now applicable to new Brighten Premium home loan applications.   
^Of  the loan amount. # 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.