Our NDIS Loan solutions are designed to assist investors to acquire purpose built SDA compliant property under the National Disability Insurance Scheme. Granite has tailored its lending policy for this class of security. 

LOAN FEATURES AND BENEFITS

Maximum Loan Amount:

$1,000,000 (Construction)

$2,000,000 (Established)

Fixed rate option (upon request)

Offset Account available activated after construction

Make additional payments

Purpose Built SDA Compliant Property

Risk Fees apply from 60% LVR

A Repayment Schedule that suits you with Weekly, Fortnightly or Monthly Repayments

Unlimited transactions via internet, Phone, BPay, Debit Card, ATM

ELIGIBILITY REQUIREMENTS

• Australian Citizen or Permanent/ Temporary Resident with corresponding VISA living and working in Australia​

• PAYG and Self Employed OK- Documented evidence of Income over 2 years

• Clean Credit- No blemishes, no defaults, no previous bankruptcy

• Minimum 12 months employment- Casual, Full Time, Part Time, Contract OK

• Self employed minimum 24 months ABN- Tax returns must show evidence of profit for both Business and individual for the last 2 completed financial years.

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FEES

• Annual Fee $395

• Offset Account Free. Activated after construction

• Application Fee Nil

• Valuation Fee From $1.800 (at cost payable at val)

• Construction Progress Vals $880 (payable at settlement)

• Construction Admin Fee $750 (payable at settlement)

• Interest Only Option 0.30% p.a. loader (I/O included in the1st year for construction)

• LMI / Exit / Break Fees Nil

• Legal Fees $275 (≤80%) plus disbursements, $550 (>80%) plus disbursements

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If you are interested in learning more about our equity support product, please reach out to your preferred local or online broker.

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Don't have a broker? You can find one by clicking the following link.