Brighten Lender Update

On Tuesday, the Reserve Bank of Australia (RBA) raised the official cash rate by 0.50%. In response to the cash rate decision, Brighten has made the following changes to Brighten home loan products, effective 9th June 2022.

1. Full Doc

The following interest rates are now applicable to new Brighten Empower Prime and Brighten Empower home loan applications.

2. Alt Doc

The following interest rates are now applicable to new Brighten Boss® Prime and righten Boss® home loan applications.

3. Construction Loans 

The following interest rates are now applicable to new Brighten Easy Builder® – Full Doc, Brighten Easy Builder® – Alt Doc and Brighten Easy Builder® – Non-Resident home loan applications.

4. Non-Resident Loans 

The following interest rates are now applicable to new Brighten Evergreen home loan applications.

5. 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.

If you have any questions, refer to your YBR BDM.