---
title: "Residential Home Loan – Near Prime (≤$2m) — MA Money"
description: "Home Loans from MA Money. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/ma-money/products/3ae0cded-fd4d-49ba-86a1-79be80e82b93
source: "CDR Compare"
language: en-AU
last_updated: 2026-10-09T00:20:30Z
---

# Residential Home Loan – Near Prime (≤$2m) — MA Money

> Home Loans from MA Money. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · MA Money Financial Services Pty Ltd**

MA Money Near Prime residential mortgage for owner-occupied or investment purposes, available under Full Documentation and Alternative Documentation pathways.

## At a glance

- **From (owner occupied):** 7.54% (Variable)

## Interest rates

### Owner occupied — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Available under Full Documentation.) | 7.54% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 7.64% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 7.69% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 7.89% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 7.99% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.14% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.24% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.39% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 9.24% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |
| Variable (Available under Alternative Documentation.) | 9.39% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Available under Full Documentation.) | 7.74% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 7.84% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 7.89% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.09% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.19% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.34% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.44% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.59% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 9.44% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |
| Variable (Available under Alternative Documentation.) | 9.59% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Available under Full Documentation.) | 7.84% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 7.94% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 7.99% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.19% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.29% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.44% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.54% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.69% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 9.54% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |
| Variable (Available under Alternative Documentation.) | 9.69% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Available under Full Documentation.) | 8.04% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.14% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.19% | — | Loan-to-value ratio ≤65%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.39% | — | Loan-to-value ratio 65.01–70%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.49% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.64% | — | Loan-to-value ratio 70.01–75%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 8.74% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Alternative Documentation.) | 8.89% | — | Loan-to-value ratio 75.01–80%; Loan amount $100,000–$2,000,000 |
| Variable (Available under Full Documentation.) | 9.74% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |
| Variable (Available under Alternative Documentation.) | 9.89% | — | Loan-to-value ratio 80.01–85%; Loan amount $100,000–$1,250,000 |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Application Fee – Full Doc — One-off upfront fee for Full Doc applications. Excludes GST. | Upfront | $899.00 |
| Application Fee – Alt Doc — One-off upfront fee for Alt Doc applications. Excludes GST. | Upfront | $899.00 |
| Annual Fee — Charged yearly · Annual account keeping fee. Excludes GST. | Ongoing | $0.00 |
| Offset Account Fee — Charged monthly · $10 per offset account per month. Maximum 4 per loan. Excludes GST. | Ongoing | $10.00 |
| Valuation Fee — Charged at cost via Property Hub. AVM and Desktop valuations available subject to eligibility. Excludes GST. | Event | From $0.00 |
| Legal Fee — Legal fee from $400. Excludes GST. | Event | From $400.00 |
| Discharge Fee — Discharge fee from $550. Excludes GST. | Exit | From $550.00 |
| Risk Fee – Near Prime LVR ≤70% — No risk fee applies at LVR up to and including 70%. | Upfront | 0% of balance |
| Risk Fee – Near Prime LVR >70% to 80% — Risk fee 0.50% of the loan amount applies at LVR greater than 70% and up to 80%. Excludes GST. | Upfront | 0.5% of balance |
| Risk Fee – Near Prime LVR >80% to 85% — Risk fee 1.50% of the loan amount applies at LVR greater than 80% and up to 85%. Excludes GST. | Upfront | 1.5% of balance |

## Features

- **Offset account** (Up to four offset accounts are available.)
- **Redraw facility** (Redraw facility available.)
- **Extra repayments** (Additional repayments above the required minimum repayments are available at no additional cost, subject to loan terms. Redraw may be available for eligible additional repayments.)
- **Interest Only repayments are available for up to 5 years. Interest-only loans revert to principal and interest at the end of the IO period.**
- **Digital banking** (Internet banking, direct debits and direct credits.)
- **Up to 4 loan splits per loan. One offset account available per split.**
- **Risk Fee Reducer is available only where a Residential risk fee up to 1.00% applies, for loans up to 80% LVR, and excludes loans over $2.5m. 0.50% risk fee -> +0.25% ongoing rate loading; 1.00% risk fee -> +0.50% ongoing rate loading. Choosing this option reduces or waives the upfront risk fee in exchange for a higher ongoing interest rate.**

## Eligibility

- **Residency status** — Australian citizens, New Zealand citizens residing in Australia, and Australian permanent residents (For multiple applicants, the majority of assessable income must be from applicants meeting these residency requirements; any non-resident co-applicant may contribute only minor or no income to servicing.)
- **Accommodates borrowers with some credit history impairment. Defaults up to $3,000 accepted; larger defaults considered if listed over 12 months (paid) or 24 months (paid or unpaid). Limited mortgage arrears accepted.**
- **Owner Occupied or Investment. Purchase, refinance, cash out, or debt consolidation. Cash out from private lenders is capped at $200,000.**
- **Completed residential or rural residential property only. Maximum 25 acres. Apartments: minimum 50m² including balcony and car space, or 40m² living area with no balcony/car space. High-density apartments are subject to a separate LVR constraint. Maximum 6 residential properties on one title. Mixed-use zoning acceptable where residence is on a separate title.**
- **Full Documentation: PAYG applicants provide the last two payslips dated within 45 days or three months of bank statements showing salary credits; self-employed applicants provide one year Company/Trust and Personal Tax Returns with corresponding Notice of Assessment, none older than 21 months. Alternative Documentation uses a Declaration of Financial Position and one of an Accountant Letter, the last two BAS, or six months of business bank statements. Near Prime generally requires ABN over 12 months and GST registration over 6 months.**
- **Loan term 5 to 40 years. A 31–40 year term is only available for eligible purchase applications where all applicants are aged 40 or under and is not available for loans over $2.5m.**
- **Eligible borrower structures include individuals, eligible trusts and Australian-domiciled companies, subject to applicable ownership and director requirements.**
- **Up to six borrowers may be accepted per application.**

## Constraints

- **Minimum limit** — $100,000.00
- **Maximum limit** — $1,250,000.00 (Full Doc and Alt Doc; applies at LVR greater than 80% and up to and including 85%.)
- **Maximum limit** — $2,000,000.00 (Full Doc and Alt Doc; applies at LVR up to and including 80%.)
- **Maximum limit** — $2,000,000.00 (Category 2 product cap. Subject to the applicable product, documentation, LVR and security restrictions.)
- **Maximum limit** — $1,000,000.00 (Category 3 product cap. Subject to the applicable product, documentation, LVR and security restrictions.)
- **Maximum LVR** — 85% (Absolute product maximum LVR; subject to loan amount, documentation, postcode and security restrictions.)
- **Maximum LVR** — 80% (Applies to high-density apartments.)
- **Maximum LVR** — 80% (Category 2 maximum LVR; subject to product, loan amount, documentation and security restrictions.)
- **Maximum LVR** — 70% (Category 3 maximum LVR; subject to product, loan amount, documentation and security restrictions.)

## More information from MA Money

- [Overview](https://www.mamoney.com.au/brokers/resources/rate-product-information/residential-guide/)
- [Terms & conditions](https://www.mamoney.com.au/terms-conditions/)
- [Eligibility](https://www.mamoney.com.au/brokers/resources/rate-product-information/residential-guide/)
- [Fees & pricing](https://www.mamoney.com.au/brokers/resources/rate-product-information/residential-guide/)

## Data provenance

- Published by MA Money under the Consumer Data Right
- Product ID: `3ae0cded-fd4d-49ba-86a1-79be80e82b93`
- Last updated by the provider: 9 October 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/ma-money/3ae0cded-fd4d-49ba-86a1-79be80e82b93
- Provider page: https://www.cdrcompare.au/brands/ma-money

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/ma-money/products/3ae0cded-fd4d-49ba-86a1-79be80e82b93) — 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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