Home loan rates › Mortgage Choice Ignite
Non-Conforming Construction Loan - Near Prime Full Doc
Mortgage Choice Ignite
CDR official
Our construction home loan options provide interest only repayments during the construction period (max 18 months) with access to our online loan portal and the freedom to make additional repayments. 100% interest offset sub-account, redraw and VISA debit card+ access (monthly fees apply) are available after the construction period has been completed.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 8.89% | 9.20% | Variable · investment · interest only · LVR 55% or less | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · investment · interest only · LVR 55%–65% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · investment · interest only · LVR 65%–70% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · investment · interest only · LVR 70%–75% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.29% | 9.60% | Variable · investment · interest only · LVR 75%–80% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.24% | 10.55% | Variable · investment · interest only · LVR 80%–85% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.54% | 10.86% | Variable · investment · interest only · LVR 85%–90% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.84% | 11.16% | Variable · investment · interest only · LVR 90%–95% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 8.89% | 9.20% | Variable · owner occupied · interest only · LVR 55% or less | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · owner occupied · interest only · LVR 55%–65% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · owner occupied · interest only · LVR 65%–70% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.09% | 9.40% | Variable · owner occupied · interest only · LVR 70%–75% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 9.29% | 9.60% | Variable · owner occupied · interest only · LVR 75%–80% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.24% | 10.55% | Variable · owner occupied · interest only · LVR 80%–85% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.54% | 10.86% | Variable · owner occupied · interest only · LVR 85%–90% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
| 10.84% | 11.16% | Variable · owner occupied · interest only · LVR 90%–95% | Specialist lendingConstruction | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://api.moc.openbanking.prod.peppermoney.com.au/cds-au/v1/banking/products/MOC04031- Content hash
sha256 fe0091d2f67a95862f6430bc228db1d30792b0f7ef1c14ed695ed4befa0b13ef- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_fe0091d2f67a9586_e7e8c753Show details
- Checked
- 1 Nov 2026
- URL
https://api.moc.openbanking.prod.peppermoney.com.au/cds-au/v1/banking/products/MOC04031- Content hash
sha256 fe0091d2f67a95862f6430bc228db1d30792b0f7ef1c14ed695ed4befa0b13ef- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Near Prime Establishment Fee | Upfront | $1,200.00 |
| Near Prime Admin Fee | Periodic | $15.00 |
| Legal Fee | Upfront | $330.00 |
| Legal Disbursements | Upfront | Set in your letter of offer |
| Discharge Fee | Exit | $500.00 |
| Valuation Fee | Upfront | Set in your letter of offer |
| Risk Fee | Upfront | Set in your letter of offer |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Offset | 100% Interest Offset sub-account. Manage loan interest charged with an Offset sub-account. Available after construction period (max 18 months) is completed. | |
| Redraw | Redraw Facility (minimum redraw amounts apply). Make additional repayments and redraw at any time. Available after construction period (max 18 months) is completed. | |
| Card access | Visa Debit Card (including payWave). Access additional advances with a Visa Debit Card. Available after construction period (max 18 months) is completed. | |
| Extra repayments | Additional repayments. Make extra repayments at any time, subject to terms and conditions. | |
| Other | Flexible Loan Terms. 10-30 year loan terms are available. | |
| Digital banking | Provides borrowers online access to view and manage loan accounts. | |
| Other | Interest only repayments apply on the balance of the loan during the construction period (max 18 months). Loan then converts to Principal and Interest repayments. | |
| Eligibility: min age | 18 | Individual borrower must be 18 years + to enter into a contract. |
| Eligibility: residency status | Only available to Australian Citizens or Permanent Residents. | |
| Eligibility: other | All applications are subject to credit assessment and eligibility criteria. | |
| Eligibility: natural person | Suitable for various borrower types including individuals. | |
| Eligibility: business | Suitable for Sole Traders, Companies and other business borrowers. | |
| Limit: min limit | 50000.00 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · investment · interest only · LVR 80%–85% | 1 Nov 2026 | Current | 10.24% | 10.55% |
| Variable · owner occupied · interest only · LVR 85%–90% | 1 Nov 2026 | Current | 10.54% | 10.86% |
| Variable · investment · interest only · LVR 65%–70% | 1 Nov 2026 | Current | 9.09% | 9.40% |
| Variable · investment · interest only · LVR 90%–95% | 1 Nov 2026 | Current | 10.84% | 11.16% |
| Variable · owner occupied · interest only · LVR 55%–65% | 1 Nov 2026 | Current | 9.09% | 9.40% |
| Variable · owner occupied · interest only · LVR 75%–80% | 1 Nov 2026 | Current | 9.29% | 9.60% |
| Variable · owner occupied · interest only · LVR 80%–85% | 1 Nov 2026 | Current | 10.24% | 10.55% |
| Variable · investment · interest only · LVR 55%–65% | 1 Nov 2026 | Current | 9.09% | 9.40% |
| Variable · owner occupied · interest only · LVR 90%–95% | 1 Nov 2026 | Current | 10.84% | 11.16% |
| Variable · investment · interest only · LVR 85%–90% | 1 Nov 2026 | Current | 10.54% | 10.86% |
| Variable · owner occupied · interest only · LVR 55% or less | 1 Nov 2026 | Current | 8.89% | 9.20% |
| Variable · owner occupied · interest only · LVR 65%–70% | 1 Nov 2026 | Current | 9.09% | 9.40% |
| Variable · investment · interest only · LVR 70%–75% | 1 Nov 2026 | Current | 9.09% | 9.40% |
| Variable · investment · interest only · LVR 55% or less | 1 Nov 2026 | Current | 8.89% | 9.20% |
| Variable · investment · interest only · LVR 75%–80% | 1 Nov 2026 | Current | 9.29% | 9.60% |
| Variable · owner occupied · interest only · LVR 70%–75% | 1 Nov 2026 | Current | 9.09% | 9.40% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
Tags
| Tag | Meaning | Effect |
|---|---|---|
risk:specialist | Specialist lending | Left out of the standard home loan table; separate switch |
purpose:construction | Construction | Left out of the standard home loan table |
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