OUR LOAN TYPES
Blue Whale Money provides loan solutions for every goal
Key limits (at a glance)Limit Cap (guide) Maximum LVR 90% (Lenders Mortgage Insurance required over 80% LVR) Maximum loan amount $2,000,000 Maximum borrower exposure $2,500,000 Maximum loan term 30 years Documentation Full Doc only (Alt Doc not available)
Product Features
Up to 90% LVR on Super Prime (LMI over 80%)
Loan amounts up to $3,500,000 on selected products
Individual, company and trust borrowers (varies by product)
Alt Doc available on Prime, Near Prime, SMSF, Expat and Commercial
Vacant land on selected Prime, Near Prime and Commercial scenarios
Effective from 15/05/2026
Super Prime
Individual borrowers. High-LVR prime residential.
Super Prime
- Borrower: Individual only
- Maximum LVR 90% (LMI required over 80%)
- Maximum loan $2,000,000; max exposure $2,500,000
- Term up to 30 years
- Cashout capped by LVR (≤$650k at ≤70%; ≤$400k at 70–80%; ≤$100k at 80–90% with LMI)
- PAYG: 2 payslips plus one of income statement, employment letter, or 1-month bank statement
- Self-employed: 2 years tax returns; Alt Doc not available
- No vacant land; no debt consolidation
Prime
Full Doc and Alt Doc. Up to 85% LVR.
Prime
- Borrower: Individual / Company / Trust
- Maximum LVR 85%; max loan $3,500,000; max exposure $5,000,000
- Term up to 40 years
- Unlimited cashout for acceptable stated purpose
- Debt consolidation: Yes
- Vacant land: Yes, up to 75% LVR, investment only
- PAYG: 2 payslips plus one of income statement, employment letter, or 1-month bank statement
- SE Full Doc: 1 year tax returns / financials
- SE Alt Doc: declaration plus accountant letter, 6-month BAS, 6-month bank statement, or ATO portal
Near Prime
More credit flexibility. Full Doc and Alt Doc.
Near Prime
- Borrower: Individual / Company / Trust
- Maximum LVR 80%; max loan $3,500,000; max exposure $5,000,000
- Term up to 30 years
- Unlimited cashout for acceptable stated purpose
- Debt consolidation: Yes
- Vacant land: Yes, up to 75% LVR, investment only
- Mortgage arrears up to 1 month; other arrears up to 3 months
- Defaults: unlimited if listed >24 months, or paid $2,500 if listed <24 months
- SE ABN 12 months / GST 6 months
- Alt Doc as for Prime
SMSF
SMSF trust lending up to 80% LVR.
SMSF
- Borrower: Trust
- Maximum LVR 80%; max loan $3,500,000; max exposure $5,000,000
- Term up to 30 years
- Cashout: N/A
- Guarantees required from all members
- New purchase: written financial advice required for each member
- Full Doc and Alt Doc (regular verified super contributions)
- No vacant land; no debt consolidation
Expat
Australian expatriates. Up to 85% LVR.
Expat
- Borrower: Individual only
- Maximum LVR 85%; max loan $3,500,000; max exposure $5,000,000
- Term up to 30 years
- Unlimited cashout for acceptable stated purpose
- Debt consolidation: Yes
- No vacant land; no casual PAYG
- Full Doc and Alt Doc
- Defaults: $1,500 paid
Commercial
Retail, office, industrial and vacant land.
Commercial
- Borrower: Individual / Company / Trust
- Maximum LVR 75%; max loan $3,500,000; max exposure $5,000,000
- Term up to 30 years
- Security includes retail shops, offices, factories, warehouses, shopping centres, medical/professional suites, vacant land
- Unlimited cashout for acceptable stated purpose
- Debt consolidation: Yes
- Full Doc and Alt Doc
- Defaults: $1,500 paid
get in touch
Learn more about our loan types
Have questions about our loan options? We’re here to help!
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Blue Whale Money is an Australian non-bank lender offering six credit products for accredited mortgage brokers: Super Prime, Prime, Near Prime, SMSF, Australian Expatriate (Expat), and Commercial. Each product has published maximum LVR, loan size, borrower exposure, term, and documentation pathways in the current Product Guide (May 2026). Use this page to match a client profile to a product family, then request the current Product Guide and submit via your accreditation path. Credit decisions are assessment-based and are not guaranteed on this site.
What is a Super Prime home loan from Blue Whale Money?
In short
Super Prime is Blue Whale Money’s highest-credit-tier residential product for individuals only who can support a Full Doc application. It is aimed at strong employment and credit profiles seeking competitive non-bank positioning within published LVR and loan caps.
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 90% (Lenders Mortgage Insurance required over 80% LVR) |
| Maximum loan amount | $2,000,000 |
| Maximum borrower exposure | $2,500,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc only (Alt Doc not available) |
Additional policy notes (high level): cash-out is capped by LVR band; debt consolidation, vacant land/rural, mortgage arrears, other arrears, and discharged bankruptcy are not accepted on this product; location categories Cat 1, 2 and 3 apply; serviceability printed as NST 1.0X / DTI < 8.
Who it suits
Suits: PAYG or self-employed individuals with clean (or near-clean) credit history who can supply Full Doc income evidence and sit within Super Prime LVR/loan caps.
Not for: Company or trust borrowers; Alt Doc pathways; clients needing debt consolidation or vacant land on this SKU; profiles with mortgage/other arrears or discharged bankruptcy; applications that need Near Prime-style credit flexibility.
Documents (high level)
- PAYG: 2 payslips plus one of: income statement, employment letter, or 1 month bank statement.
- Self-employed Full Doc: 2 years company and individual tax returns; 2 years individual tax returns; 2 year Notice of Assessment.
- Alt Doc: Not available on Super Prime.
What is a Prime home loan from Blue Whale Money?
In short
Prime is a flexible residential non-bank product for individuals, companies, or trusts, with Full Doc and Alt Doc pathways, higher loan and exposure caps than Super Prime, and the longest maximum term in the range (40 years).
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 85% (LMI required over 80% LVR) |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 40 years |
| Documentation | Full Doc + Alt Doc |
Additional policy notes (high level): cash-out unlimited for acceptable stated purpose; debt consolidation Yes; vacant land Yes (up to 75% LVR, investment only); inner-city high-density apartments Yes; mortgage/other arrears and discharged bankruptcy No; defaults printed as $1,500 paid; location Cat 1, 2 and 3 (pricing subject to location Cat); NSR 1.0x.
Who it suits
Suits: Brokers placing clean-to-standard credit clients who need larger loans, company/trust structures, Alt Doc for self-employed, longer terms, or limited vacant-land investment scenarios within published LVRs.
Not for: Clients needing Near Prime credit concessions; SMSF trust purchases (use SMSF); Australian expatriates as a dedicated pathway (use Expat); commercial security (use Commercial).
Documents (high level)
- PAYG: 2 payslips plus one of: income statement, employment letter, or 1 month bank statement.
- Self-employed Full Doc: 1 year company and individual tax returns; 1 year financial statements and either latest financials with accountant’s letter or previous year’s financials with Notice of Assessment.
- Self-employed Alt Doc: Declaration of financial position plus one of: accountant letter, 6-month BAS, 6-month bank statement, or ATO portal evidence.
What is a Near Prime home loan from Blue Whale Money?
In short
Near Prime is Blue Whale Money’s residential product for clients who may not fit Super Prime or Prime credit settings — including more flexible treatment of arrears and defaults — while still operating within published LVR and loan caps. Available as Full Doc or Alt Doc for individuals, companies, or trusts.
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 80% |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc + Alt Doc |
Additional policy notes (high level): cash-out unlimited for acceptable stated purpose; debt consolidation Yes; vacant land Yes (up to 75% LVR, investment only); inner-city high-density Yes; mortgage arrears up to 1 month; other arrears up to 3 months; discharged bankruptcy No; defaults unlimited (paid/unpaid) when listed > 24 months, or paid $2,500 if listed less than 24 months; location Cat 1–4 (pricing subject to location Cat); shorter employment tenure thresholds than Prime; self-employed ABN/GST minimums lower than Prime; NSR 1.0x.
Who it suits
Suits: Brokers researching a near prime or more flexible non-bank home loan where the client has mild credit events, shorter employment history, or Alt Doc needs — within 80% max LVR.
Not for: Clients who need above 80% LVR on this SKU; discharged bankruptcy on this product; SMSF or commercial security; anyone interpreting “flexible” or “easy home loan” as guaranteed approval (it is not).
Documents (high level)
- Same PAYG / Full Doc / Alt Doc pattern family as Prime (see Product Guide for exact Near Prime wording).
- Self-employed ABN minimum 12 months; GST registered minimum 6 months (guide).
See also: Near Prime deep-dive FAQ.
What is an SMSF loan from Blue Whale Money?
In short
The SMSF product is for trust borrowers purchasing or refinancing acceptable residential security through a self-managed super fund structure, with Full Doc and Alt Doc contribution-evidence pathways and member guarantees as printed in the guide.
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 80% |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc + Alt Doc (super contribution evidence) |
Additional policy notes (high level): cash-out N/A; debt consolidation No; vacant land No; inner-city high-density Yes; arrears and discharged bankruptcy No; defaults $1,500 paid; guarantees required from all members; for new purchase, each member must obtain written financial advice; NSR/DSCR 1.0x/1.2x; location Cat 1, 2 and 3.
Who it suits
Suits: Brokers arranging SMSF residential lending where members can evidence regular verified contributions and meet guarantee and advice requirements.
Not for: Personal-name only borrowers (use residential SKUs); vacant land SMSF; cash-out scenarios on this product; clients who cannot meet contribution-evidence or member-guarantee rules.
Documents (high level)
- Evidence of regular, verified superannuation contributions (PAYG, self-employed Full Doc, or Alt Doc sources such as bank statements showing business revenue, accountant letter, ATO portal, or BAS — per guide).
- Voluntary contributions only considered with 6 months of evidence (guide).
- Member guarantees and (for new purchase) written financial advice for each member.
What is an Expat (Australian Expatriate) loan from Blue Whale Money?
In short
Expat is Blue Whale Money’s Australian expatriate residential product for individuals only, with Full Doc and Alt Doc, max LVR 85%, and loan/exposure caps aligned with the wider residential range (excluding Super Prime’s lower caps).
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 85% |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc + Alt Doc; casual employment N/A |
Additional policy notes (high level): cash-out unlimited for acceptable stated purpose; debt consolidation Yes; vacant land No; inner-city high-density Yes; arrears and discharged bankruptcy No; defaults $1,500 paid; permanent full-time/part-time employment tenure requirements apply; casual N/A; self-employed ABN 24 months / GST 12 months; NSR 1.0x; location Cat 1, 2 and 3.
Who it suits
Suits: Australian expats buying or refinancing Australian residential property who can document overseas or local income under Full or Alt Doc rules.
Not for: Casual employees on this product; vacant land; company/trust structures on this SKU (borrower type is individual only); commercial security.
Documents (high level)
- PAYG: 2 payslips plus one of: income statement, employment letter, or 1 month bank statement.
- Self-employed Full Doc / Alt Doc: Same family pattern as Prime (tax returns / financials or declaration plus accountant letter, BAS, bank statements, or ATO portal — see guide).
What is a Commercial loan from Blue Whale Money?
In short
Commercial is Blue Whale Money’s non-bank product for acceptable commercial security (including but not limited to retail shops, offices, factories, warehouses, shopping centres, medical/professional suites, and vacant land), for individuals, companies, or trusts, with Full Doc and Alt Doc.
Key limits (at a glance)
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 75% |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc + Alt Doc |
Additional policy notes (high level): cash-out unlimited for acceptable stated purpose; debt consolidation Yes; DSCR/ICR 1.0x/1.2x; arrears and discharged bankruptcy No; defaults $1,500 paid; Commercial is the only product in the guide with printed exit fees (1.5% if discharged within 1 year; 1.0% within 2 years). Pricing subject to location Cat.
Who it suits
Suits: Brokers placing commercial-security deals within 75% LVR and published loan/exposure caps, including suitable vacant land commercial scenarios.
Not for: Standard residential owner-occupied / investment security that belongs on Super Prime, Prime, Near Prime, SMSF, or Expat; clients needing residential LVRs above 75% on commercial security.
Documents (high level)
- PAYG / Full Doc / Alt Doc: same documentation family as other Full+Alt products (see Product Guide Commercial pages for exact wording).
- Expect valuation and solicitor costs at cost; note exit-fee structure on early discharge.
Comparison summary (no rates)
Policy caps from the May 2026 Product Guide (§13). Always confirm against the current Product Guide before quoting a client. Interest rates are not published on this page.
| Product | Max LVR | Max loan | Max exposure | Max term | Doc |
|---|---|---|---|---|---|
| Super Prime | 90% (LMI >80%) | $2,000,000 | $2,500,000 | 30 years | Full only |
| Prime | 85% (LMI >80%) | $3,500,000 | $5,000,000 | 40 years | Full + Alt |
| Near Prime | 80% | $3,500,000 | $5,000,000 | 30 years | Full + Alt |
| SMSF | 80% | $3,500,000 | $5,000,000 | 30 years | Full + Alt |
| Expat | 85% | $3,500,000 | $5,000,000 | 30 years | Full + Alt |
| Commercial | 75% | $3,500,000 | $5,000,000 | 30 years | Full + Alt |
Important information
- Product criteria, fees, and policy settings are subject to change without notice on this webpage.
- Brokers and clients must refer to the current Blue Whale Money Product Guide (version in force at submission) for definitive limits, fees, and eligibility.
- Information on this page is general and educational for broker research. It is not a credit offer, pre-approval, or guarantee of loan approval. All credit decisions are made after full assessment against Blue Whale Money credit policy.
- Lender brand on this site: Blue Whale Money only (Blue Whale Capital Pty Ltd, ABN 19 675 933 123).
- Contact: info@bwmoney.com.au · www.bwmoney.com.au · Suite 8C/277 Lane Cove Rd, Macquarie Park NSW 2113.
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