Who can apply

• Be at least 18 years of age
• Be an Australian resident
• The property to be used as security must be located in Australia

• Purchase
• Purchase of an investment property
• Home renovation and improvement
• Refinancing of an existing mortgage
• Debt consolidation
• Personal investment

Some MyRate Loan products have specific credit requirements applicants must meet. Please refer to the table below.

	Advantage Rate Loan	All-in-One Loan	Low-Doc Loan
Borrower Type	PAYG/self-employed/Company/Trust	PAYG/self-employed	PAYG (as co-borrower only) / Self employed / Company
Credit History	Maximum 3 paid defaults less than $1000	Maximum 3 paid defaults less than $1000	Clear CRA
Un-acceptable income	Centrelink payments+ Pensions	Centrelink payments+ Pensions	Centrelink payments+ Pensions
Loan Purpose	All purposes considered	All purposes considered	All purposes considered

⁺Some family allowance payments acceptable