Granite Professional Lender paid LMI
Home LoansNegotiable ratesGranite Home Loans
Granite Professional Lender paid LMI
Fees
| Fee | Type | Amount |
|---|---|---|
| Third Party Costs Referred as Solicitor Doc fee. This fee is applicable for Standard Loans | Upfront | $275.00 |
| Discharge Administration Fee | Exit | $1,500.00 |
Features
- Offset account
- Available
- Card access — Visa Debit Card - Yes
- Multiple loan splits - Available
- Repayment frequency: Monthly, fortnightly and weekly - during P&I period
- Repayment frequency: Monthly - during IO period
- transactions via internet, phone, BPay, debit card, ATM
- Extra repayments
- Additional payments: Unlimited for variable rate
- Extra repayments
- Additional payments: Up to $20,000 p.a. for fixed rate
Eligibility
- be an Essential Worker, defined as: - a permanently employed (full time and non-probationary): - nurse; - paramedic; - State or Federal police officer; - fire fighter; and/or - primary or secondary school teacher (in the private or public system)
- be a Professional Worker, defined as a: - University degree qualified professional that holds an Australian or overseas university degree and works in the following professions or industries: - medical and allied health; - law; - accounting and audit; - engineering; or - IT; and/or o TAFE or Certificate qualified professional that works in the IT industry;
- meet our lending eligibility criteria
- Minimum age — 18 yearsbe at least 18 years of age and above
- Individuals onlyare individual borrowers (as single or joint borrowers)
- Residency status — is either an Australian Citizen or a Permanent Resident of Australia
- provide sufficient security in accordance with our lending eligibility criteria
- guarantor who supports the loan also meets our lending eligibility criteria.
Constraints
- Maximum limit — $2,500,000.00The maximum loan amount for this product is $2,500,000
- Minimum limit — $50,000.00"The minimum loan amount for this product is $50,000"
- Maximum LVR — 95%The maximum LVR for these products is 95% (including LMI)
Published by Granite Home Loans Pty Ltd under the Consumer Data Right · Last updated 10 July 2026 · Product ID Granite Professional Lender paid LMI