{
  "source": "https://api.mbl.openbanking.prod.peppermoney.com.au/cds-au/v1/banking/products/MBL03000",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "MBL03000",
    "lastUpdated": "2026-06-19T04:29:42Z",
    "productCategory": "RESIDENTIAL_MORTGAGES",
    "name": "Prime Construction Loan",
    "description": "Our construction home loan options provide interest only repayments during the construction period (max 18 months) with access to our online loan portal and the freedom to make additional repayments. 100% interest offset sub-account, redraw and VISA debit card+ access (monthly fees apply) are available after the construction period has been completed.",
    "brand": "My Budget",
    "brandName": "My Budget",
    "isTailored": true,
    "additionalInformation": {},
    "features": [
      {
        "featureType": "OFFSET",
        "additionalInfo": "100% Interest Offset sub-account. Manage loan interest charged with an Offset sub-account. Available after construction period (max 18 months) is completed."
      },
      {
        "featureType": "REDRAW",
        "additionalInfo": "Redraw Facility (minimum redraw amounts apply). Make additional repayments and redraw at any time. Available after construction period (max 18 months) is completed."
      },
      {
        "featureType": "CARD_ACCESS",
        "additionalValue": "Visa Debit Card (including payWave). Access additional advances with a Visa Debit Card. Available after construction period (max 18 months) is completed."
      },
      {
        "featureType": "EXTRA_REPAYMENTS",
        "additionalInfo": "Additional repayments. Make extra repayments at any time, subject to terms and conditions."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Flexible Loan Terms. 10-30 year loan terms are available."
      },
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "Provides borrowers online access to view and manage loan accounts."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Interest only repayments apply on the balance of the loan during the construction period (max 18 months). Loan then converts to Principal and Interest repayments."
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "100000.00"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18",
        "additionalInfo": "Individual borrower must be 18 years + to enter into a contract."
      },
      {
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "Only available to Australian Citizens or Permanent Residents."
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "All applications are subject to credit assessment and eligibility criteria."
      }
    ],
    "fees": [
      {
        "name": "Prime Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "999.00"
        },
        "currency": "AUD",
        "additionalInfo": "Charged once at loan establishment for prime residential construction mortgage applications."
      },
      {
        "name": "Prime Admin Fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "10.00"
        },
        "currency": "AUD",
        "additionalValue": "P1M",
        "additionalInfo": "Charged monthly per account split for ongoing administration of the loan."
      },
      {
        "name": "Legal Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "330.00"
        },
        "currency": "AUD",
        "additionalInfo": "Covers standard legal costs incurred at loan establishment."
      },
      {
        "name": "Legal Disbursements",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Third-party legal costs such as searches and registrations, charged at cost."
      },
      {
        "name": "Discharge Fee",
        "feeType": "EXIT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "500.00"
        },
        "currency": "AUD",
        "additionalInfo": "Charged per plan when the loan is fully discharged."
      },
      {
        "name": "Valuation Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD"
      },
      {
        "name": "Risk Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Risk Fee may be payable depending on loan amount and LVR."
      }
    ]
  }
}