---
title: "Prime Alt Doc (BNK) — BNK Bank (Goldfields Money/BCHL)"
description: "Home Loans from BNK Bank (Goldfields Money/BCHL). Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bnk-bank-goldfields-money-bchl/products/4001
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-10T23:45:01.423312Z
---

# Prime Alt Doc (BNK) — BNK Bank (Goldfields Money/BCHL)

> Home Loans from BNK Bank (Goldfields Money/BCHL). Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans**

The Better Choice Prime Alt Doc Variable Home Loan offers a standard variable loan with the option to use alternative forms to verify income. Available up to 85% LVR, this loan suits borrowers that are looking for flexibility with their home loan and investment properties

## At a glance

- **From (owner occupied):** 6.74% (6.81% comparison)

## Interest rates

### Owner occupied — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (OO P&I Up to 50% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.74% | 6.81% | LVR equal to or less than 50%; Loan Amount $50,000–$2,500,000 |
| Variable (OO P&I Up to 60% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.94% | 7.01% | LVR above 55% and equal to or less than 60%; Loan Amount $50,000–$2,500,000 |
| Variable (OO P&I Up to 65% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.94% | 7.01% | LVR above 60% and equal to or less than 65%; Loan Amount $50,000–$2,500,000 |
| Variable (OO P&I Up to 55% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.94% | 7.01% | LVR above 50% and equal to or less than 55%; Loan Amount $50,000–$2,500,000 |
| Variable (OO P&I Up to 70% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.99% | 7.06% | LVR above 65% and equal to or less than 70%; Loan Amount $50,000–$2,500,000 |
| Variable (OO P&I Up to 75% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.04% | 7.11% | LVR above 70% and equal to or less than 75%; Loan Amount $50,000–$2,250,000 |
| Variable (OO P&I Up to 80% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.14% | 7.21% | LVR above 75% and equal to or less than 80%; Loan Amount $50,000–$2,000,000 |
| Variable (OO P&I Up to 85% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.84% | 7.92% | LVR above 80% and equal to or less than 85%; Loan Amount $50,000–$2,000,000 |

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (OO IO Up to 50% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.99% | 7.06% | LVR equal to or less than 50%; Loan Amount $50,000–$2,500,000 |
| Variable (OO IO Up to 65% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 60% and equal to or less than 65%; Loan Amount $50,000–$2,500,000 |
| Variable (OO IO Up to 60% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 55% and equal to or less than 60%; Loan Amount $50,000–$2,500,000 |
| Variable (OO IO Up to 55% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 50% and equal to or less than 55%; Loan Amount $50,000–$2,500,000 |
| Variable (OO IO Up to 70% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.14% | 7.21% | LVR above 65% and equal to or less than 70%; Loan Amount $50,000–$2,500,000 |
| Variable (OO IO Up to 75% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.19% | 7.26% | LVR above 70% and equal to or less than 75%; Loan Amount $50,000–$2,250,000 |
| Variable (OO IO Up to 80% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.29% | 7.37% | LVR above 75% and equal to or less than 80%; Loan Amount $50,000–$2,000,000 |
| Variable (OO IO Up to 85% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.99% | 8.07% | LVR above 80% and equal to or less than 85%; Loan Amount $50,000–$2,000,000 |

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (INV P&I Up to 50% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 6.99% | 7.06% | LVR equal to or less than 50%; Loan Amount $50,000–$2,500,000 |
| Variable (INV P&I Up to 65% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 60% and equal to or less than 65%; Loan Amount $50,000–$2,500,000 |
| Variable (INV P&I Up to 60% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 55% and equal to or less than 60%; Loan Amount $50,000–$2,500,000 |
| Variable (INV P&I Up to 55% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.09% | 7.16% | LVR above 50% and equal to or less than 55%; Loan Amount $50,000–$2,500,000 |
| Variable (INV P&I Up to 70% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.14% | 7.21% | LVR above 65% and equal to or less than 70%; Loan Amount $50,000–$2,500,000 |
| Variable (INV P&I Up to 75% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.19% | 7.26% | LVR above 70% and equal to or less than 75%; Loan Amount $50,000–$2,250,000 |
| Variable (INV P&I Up to 80% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.29% | 7.37% | LVR above 75% and equal to or less than 80%; Loan Amount $50,000–$2,000,000 |
| Variable (INV P&I Up to 85% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.99% | 8.07% | LVR above 80% and equal to or less than 85%; Loan Amount $50,000–$2,000,000 |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (INV IO Up to 50% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.14% | 7.21% | LVR equal to or less than 50%; Loan Amount $50,000–$2,500,000 |
| Variable (INV IO Up to 65% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.24% | 7.32% | LVR above 60% and equal to or less than 65%; Loan Amount $50,000–$2,500,000 |
| Variable (INV IO Up to 60% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.24% | 7.32% | LVR above 55% and equal to or less than 60%; Loan Amount $50,000–$2,500,000 |
| Variable (INV IO Up to 55% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.24% | 7.32% | LVR above 50% and equal to or less than 55%; Loan Amount $50,000–$2,500,000 |
| Variable (INV IO Up to 70% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.29% | 7.37% | LVR above 65% and equal to or less than 70%; Loan Amount $50,000–$2,500,000 |
| Variable (INV IO Up to 75% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.34% | 7.42% | LVR above 70% and equal to or less than 75%; Loan Amount $50,000–$2,250,000 |
| Variable (INV IO Up to 80% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 7.44% | 7.52% | LVR above 75% and equal to or less than 80%; Loan Amount $50,000–$2,000,000 |
| Variable (INV IO Up to 85% LVR · Rate applied to new Ultimate Prime Alt Doc home loans) | 8.14% | 8.22% | LVR above 80% and equal to or less than 85%; Loan Amount $50,000–$2,000,000 |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Variation Fee — Conversion - Convert to Fixed Rate (Full or Partial), Interest Only, Principal & Interest, Full Doc | Event | $200.00 |
| Substitution of Security — Substitution of Security | Event | $690.00 |
| Valuation Fees - Substitution of Security — Substitution of Security - Valuation Fees | Event | From $1.00 |
| Solicitors Fees  — Solicitor Fees for Substitution of Security - At cost | Other | From $1.00 |
| Discharge (Full or partial) — Discharging a loan - $390 per security + 3rd Party costs per security ($220 per additional security) | Exit | $390.00 |
| Discharge (Full or Partial): Solicitors Fees — Solicitors Fees for discharging a loan - At cost | Exit | From $1.00 |
| Loan Top Up — This fee is incurred when a customer requests an increase for an existing loan | Event | $300.00 |
| Valuation Fees — Valuation Fees when a new valuation is required for the property for increasing of an existing mortgage | Event | From $1.00 |
| Solicitor Fees — Solicitors fees for when the loan is altered and solicitors need to provide/amend documents for increasing of existing mortgage | Event | From $1.00 |
| Document Custody Fee — Document Custody Fee | Event | $25.00 |
| Discharge (Partial): Valuation Fees From  — Discharge (Partial): Valuation Fees From - At cost | Exit | From $1.00 |
| Solicitors Fees — Solicitors Fees | Upfront | $330.00 |
| Settlement Fees — Settlement Fees | Upfront | $395.00 |
| Valuation Fee  — An at-cost fee that is relevant to a customer's circumstances where the amount or rate may not be known until negotiated with the customer. This fee relates to the valuation of the property required for the application to assist in determining the LVR | Upfront | From $1.00 |
| Documentation Fee — Documentation Fee for preparing loan contract and other documentation | Upfront | $25.00 |

## Features

- **Split Loans available **
- **Pay weekly, fortnightly or monthly**
- **Extra repayments** (If you have a variable loan you can make as many extra payments as you want, with no penalty at anytime)
- **Offset account** (Fully transactional 100% Offset Account. Note Better Choice offset sub-accounts do not have access by cards.)
- **Pay interest only. You can pay just the interest for up to 5 years for both Owner Occupied and Investment properties **
- **Digital banking** (Free internet and telephone transacting)
- **Redraw facility**

## Eligibility

- **Employment status** — Yes (The customer must also meet Better Choice’s credit criteria, including demonstration of ability to meet
repayment obligations offer acceptable residential property as security)
- **Business customers** (A company and meet the following requirements:
- Satisfactory investigation by BNK; and
- Company borrowing being supported by the personal guarantee of the director(s). Guarantees
from companies & trusts are not acceptable)
- **Minimum age** — 18 years
- **An Australian corporate trustee as trustee for a family trust, (provided the corporate trustee is a nontrading entity) and the family trust beneficiaries are all individuals**
- **Residency status** — An Australian citizen, permanent resident or Australian resident for tax purposes (be an Australian citizen or Australian permanent resident (limited exceptions may apply subject to conditions))

## Constraints

- **Minimum balance** — $50,000.00 (Minimum value for a loan is $50,000)
- **Maximum balance** — $2,500,000.00 (Max loan balance is $2,500,000)
- **Maximum LVR** — 0.85% (The maximum acceptable LVR for this product is 85%)

## Data provenance

- Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right
- Product ID: `4001`
- Last updated by the provider: 10 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bnk-bank-goldfields-money-bchl/4001
- Provider page: https://www.cdrcompare.au/brands/bnk-bank-goldfields-money-bchl
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000451

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bnk-bank-goldfields-money-bchl/products/4001) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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