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Bluestone announces 20+ new policy changes


To help you service more customers and grow your business, we’re bringing you some big improvements to our policy. 

Decreasing our servicing buffer to 2% across all products.



Removing cash out limits on loans up to 90% LVR

Evidence of purpose needed if the loan is >50% of the property value or >$200k.

Specialist & Specialist+ loans unlimited up to 80% LVR, up to $200k for over 80% LVR

Accepting Borrowers of Convenience on investment loans.




Increasing our LVR on Near Prime to 90%.

Applies to Full Doc, Alt Doc, Owner Occupier, Investor. P&I only.

Increasing the maximum exposure limits to up to $5m 

Limit amounts increase across all products. Weighted average of 80% LVR when total lending is above $3m.

Reducing the requirement for liquidity in an SMSF to 5%.
Increasing our LVRs and loan amounts across Australia

Sydney/Melbourne metro: maximum loan amount increased to $3m

Other metros & select non-metro:

Maximum loan amount increased to $2.5m and max LVR increased to 90%.

Central Coast and Newcastle regions added to the ASL, which includes Brisbane, Perth, Adelaide, Hobart, Canberra, Gold Coast, Sunshine Coast, Wollongong, Geelong, Byron Bay.

Non-metro: maximum loan amount increased to $1.5m.

Refer to our ASL postcode tool for more information.

We’ve improved our serviceability and flexibility and reduced requirements and paperwork for your customers with these helpful policy changes

Changes to help more customers

  • 6 months minimum ABN for Specialist and Specialist+ Alt Doc loans
  • No debt consolidation limit on Prime loans 
  • Unlimited Line of Credit up to 50% of total loan amount
  • Refinancing of private lenders with monthly repayments on Prime loans or where interest has been capitalised on Near Prime loans
  • Units built within 3 years capped at 80% LVR (reduced from 5 years)

Simplifying borrower requirements and paperwork

  • No notional rent requirement with proof of ongoing rent-free living
  • Exit strategy age increased to 50
  • Up to 4 guarantors on company and Trust loans
  • Non-permanent visa holders borrowers allowed with a citizen or permanent resident borrower
  • Part-time income annualised from payslips
  • 10 year minimum loan term 
  • AVMs & Desktops on units
  • Desktops up to $2m property value in metro locations 
  • Loan increase allowed 3 months after settlement and no limit on number of increases

Further details of our policy changes can be found in our Online Credit Policy and Product Matrix.

You’re invited to our Policy Update webinar on 24 October, where you can learn more about the changes and how they’ll help your customers – register now!

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