You’re 18 years or older, a permanent resident of Australia; and for joint applications, a maximum of two borrowers who are married or a de-facto couple.

You’re refinancing or purchasing a single, established residential property and will be listed on the title. 

You earn PAYG income (i.e. not self-employed) and your application doesn’t include a government grant or guarantee.

You have equity or a deposit of at least 20% of your property value and you aren’t applying for an owner occupied interest only loan.