Product fact sheet

Breakthrough Quickstart

The Breakthrough Quickstart is a standard home loan with numerous features to suit a large range of home owners. This product caters for borrowers who have little in the way of a deposit, do not have genuine savings and whereby their equity contribution maybe by way of a gift or FHOG. OWNER OCCUPIERS ONLY.

Features and benefits

  • No Genuine Savings required (funds cannot be borrowed)
  • 100% offset account available
  • No ongoing fees
  • Purchases only, no refinances permitted
  • LMI capitalisation available to maximum LVR of 98%
  • Borrowers must have good credit history and can be companies or trusts


Minimum loan amount:


Maximum loan amount:


Loan term:

15 to 30 years

LVR limit:

Max 98% (including LMI)

NB: Security LVR restrictions may apply

Applicant types:

Individuals, Trusts and Company borrowers

Loan purpose:

Purchase or refinance of owner occupied property only



Offset facility:


Interest rate options:

Variable rate only

Repayment type:

Principal and interest


First registered residential mortgage only
Category A and B locations including high density properties

Lender’s mortgage insurance:

Can be capitalised up to a maximum LVR of 98%

Documents required:

Refer to application checklist

FEES: All fees are inclusive of GST. Fees are indicative only and subject to change

Set up fees

  • Settlement fee is $495
  • Valuation fee is included in settlement fee*
  • Solicitor fee is $363 plus disbursements (additional costs may apply for non-standard transactions)
  • Lenders Mortgage Insurance A 1.00% Lenders Risk Fee is payable for LVR’s between 80% and 85% when LMI is not taken out.

There are no ongoing fees

*Applicants to pay Legal Fees. This fee offer covers one standard valuation (up to $302.50). Any additional fees & charges incurred over the above specified amounts will be payable by the borrower/s. This extends to government fees and charges, as well as annual fees (where applicable). If the loan application does not proceed to settlement, then all valuation fees incurred during the processing of the loan application (where applicable) will be payable in full by the borrower/s. Solicitors may also bill (in full) for professional costs incurred on loans which fail to proceed to settlement.

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