Grow your career at Better Choice

Join the dynamic team at the bank for enterprising Australians, and contribute to work that creates successful outcomes for BNK and your career. Explore job opportunities

Prime Home Loans

Full documentation home loans for prime borrowers with clear credit and standard income. Competitive variable rates, offset account available. Gold Home Range.

Overview

The Better Choice Prime Range offers two full documentation variable rate products — the Gold Basic Variable (no offset) and the Gold Standard Variable (100% offset). Both are designed for prime residential and investment borrowers who want competitive rates and practical features without complexity.

With owner-occupied application fees waived, no risk fees, and loan terms up to 30 years, the Prime range is built for clean prime applications. Interest only is available for investment borrowers for up to five years, and split loans are supported across both products.

For self-employed borrowers, the Prime range accepts the most recent year of business tax returns and financials plus two BAS statements — with a 24-month ABN registration requirement.

Features

percent

OO from 6.05% p.a.

Gold Basic Variable owner-occupied P&I from 6.05% p.a. Gold Standard (100% offset) from 6.15% p.a. — competitive pricing for prime borrowers.
coins

Application fee waived for OO

No application fee for owner-occupied loans. A $295 application fee applies for investment loans (not waived).
Home

Up to 95% LVR with LMI

Lend up to 95% LVR for owner-occupied borrowers. LMI applies above 80% LVR and is included in the LVR calculation.
piggy-bank

100% offset account

The Gold Standard includes a 100% offset sub-account to reduce interest and help your clients pay off their loan sooner.
Wallet

No risk fee

No risk fee applies to the Gold Home Range — straightforward pricing with no additional LVR-based charges.
split

Redraw and split loan

Redraw facility and split loan available on both Gold Basic and Gold Standard products. Weekly, fortnightly, or monthly repayments.

Have a Prime scenario?

Submit your client's details and our BDM team will confirm eligibility and help you structure the application.
Submit a scenario

Helpful information

Product and rates guide

Full product details, fees, and eligibility criteria.
Download

Fact Sheets

Everything your client needs to know about this product
Explore

Servicing calculator

Estimate your client's borrowing capacity.
Use calculator

Frequently asked questions

What income documentation is required for a Prime Full Doc loan?

Prime Full Doc requires standard fully verified income documentation — typically the last 2 years’ tax returns and notices of assessment for self-employed applicants, or payslips and an income statement for PAYG borrowers.

What is the difference between Gold Basic Variable and Gold Standard Variable?

Both products sit in the Gold Home Range for full doc borrowers. Gold Basic Variable offers our sharpest rate with a streamlined feature set. Gold Standard Variable includes additional features such as an offset account. Refer to the Product & Rates Guide for current rates and feature detail.

Is an offset account available?

Yes. The Gold Standard Variable includes an offset account, accessible via internet banking. Offset sub-accounts do not have card access.

What is the maximum LVR for Prime Full Doc?

Maximum LVR is 80% for standard properties. LVR limits may vary by postcode category — use the Postcode Selector at [link] to check your security location.

Can Prime Full Doc be used for investment purposes?

Yes. Both Gold Basic Variable and Gold Standard Variable are available for Owner Occupied and Investment purposes, with P&I and IO repayment options.

What is the minimum loan amount?

The minimum loan amount for the Prime residential range is $50,000.

Are weekly and fortnightly repayments available?

Yes. Repayments can be scheduled weekly, fortnightly, or monthly.

Things you should know

Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to a Better Choice product, you should read the relevant disclosure document. All rates and fees quoted in our products are indicative only and can change dependent on your personal circumstances. Conditions and fees apply. Comparison rate is based on a loan of $150,000 principal over a 25 year term. WARNING: The Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Better Choice Home Loans Pty Ltd & Better Choice Commercial (a division of Better Choice Home Loans Pty Ltd) 2000-2020 ABN 79 095 728 868 | Australian Credit Licence 378333