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Home Loan Products

Simple. Flexible. Fast. Designed to fit more customers, more often.

Rates starting from 3.49% p.a*

Prime

A competitive home loan for borrowers with clear credit and strong employment history.

Prime is the go-to home loan solution for PAYE and self-employed customers with clear credit. Customers will benefit from our streamlined document requirements, simplified income verification and competitive rates in this product.

Product Features

Competitive interest rates from 3.49% p.a*

Standalone investment properties to 80% LVR

Consolidate up to $100,000 debt

Up to 85% LVR

Cash out for business purposes

Subject to credit assessment and lending criteria. Terms and conditions apply.

Near Prime

A simple home loan for clear credit borrowers who don't quite fit the qualifying criteria for our prime product.

Near Prime is a competitive home loan for clear credit borrowers who don't quite meet the requirements to be eligible for Prime. Near Prime offers more options for refinancing, and accepts more forms of income types and verification documents.

Product Features

Interest rates from 4.99% p.a*

Debt consolidation

Judgements & defaults < $1000 or > 24 months old ignored

Up to 80% LVR

Standalone investment properties to 80% LVR

Subject to credit assessment and lending criteria. Terms and conditions apply.

Specialist

A flexible home loan for borrowers who have had financial difficulties in the past.

Our Specialist product can help credit impaired borrowers get back on their feet financially with more extensive refinancing options and simplified documentation requirements. No automated credit scoring - we take time to assess each application on a case-by-case basis to fully understand your customers' circumstances.

Product Features

Interest rates from 5.94% p.a*

Debt consolidation

Discharged bankruptcies over 2 years old can be ignored

Up to 2 mortgage payments in arrears within the last 6 months

Judgements & defaults < $1000 or > 12 months old ignored

Standalone investment properties to 80% LVR

Subject to credit assessment and lending criteria. Terms and conditions apply.

Specialist+

A straightforward home loan for borrowers who are recovering from financial difficulties.

Specialist+ is a flexible home loan for borrowers who may be unable to obtain finance due to previous credit issues, bankruptcy or defaults. No automated credit scoring - we take the time to assess each application on a case-by-case basis to fully understand your customers' circumstances.

Product Features

Interest rates from 6.04% p.a*

Debt consolidation

Discharged bankruptcies over 2 years old can be ignored

Borrow up to 80% LVR

Up to $50,000 cash out

SIO accepted if 6 months' clear repayments, and the loan includes full repayment

Standalone investment properties to 80% LVR

Subject to credit assessment and lending criteria. Terms and conditions apply.

 

*Interest rates range from 4.44% to 8.14% p.a. Rates are correct as at 23 March 2020 and subject to change at any time.

How can Select help you help more customers?

Select home loans have been carefully designed to provide more flexibility than those of mainstream lenders. We don’t try to fit our customer’s into predefined boxes, instead we assess each application on it’s individual merits to find a solution that best fits their needs. 

With many of our customers being self-employed, we understand the difficulties facing small business operators, both in terms of managing cash flow within a business, and in demonstrating serviceability when it comes to applying for a loan. We also provide an open mind and an understanding approach to those customers who have had credit problems.