Bluestone Home Loans

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October Policy Change

In addition to the 20+ policy changes announced last month, we’re thrilled to let you know we’re simplifying our policies even further.

These key improvements will offer your customers greater flexibility and help you grow your business.

🌀 No minimum requirement for liquidity in an SMSF (reduced from 5%) 

🌀 No building storey limit in inner city areas (increased from 10) 

🌀 Clearing of Part IX & X Debt Agreements on Specialist loans accepted 

🌀 Our maximum loan term has been increased to 40 years 

🌀 We’ll now accept 2 recent payslips with 1 dated within 4 weeks of the application date now required for PAYG income verification (instead of a customer’s two ‘most recent’) 

🌀 For payslips with a valid ABN, there’s no requirement to provide bank statements showing salary credits

To read more about all of the policy updates, click here.