Looking for a clear, answer-first guide to non-bank home loans in Australia? This hub explains how Blue Whale Money works with accredited brokers, what each product family is for, and how to obtain the current Product Guide. It is written for brokers and for clients researching options with their broker. Nothing here is a credit offer or a promise of approval — eligibility depends on full assessment against Blue Whale Money credit policy and the Product Guide in force at submission (May 2026 guide as the fact basis).
What is a non-bank lender in Australia?
A non-bank lender provides home loans and other credit without holding an authorised deposit-taking institution (ADI) banking licence in the same way as major banks. Brokers use non-bank lenders when a client’s income evidence, credit history, security type, or structure sits outside a bank’s typical appetite — or when a specialist product (for example SMSF, expat, or commercial) is a better fit. Blue Whale Money is an Australian non-bank lender offering residential and commercial products through accredited mortgage brokers. Credit is still assessed under published policy; “non-bank” does not mean unrestricted lending.
- Channel: accredited mortgage brokers (retail use per Product Guide).
- Product families: Super Prime, Prime, Near Prime, SMSF, Expat, Commercial.
- Definitive criteria live in the current Product Guide — not in third-party summaries.
Why do mortgage brokers use Blue Whale Money?
Brokers use Blue Whale Money when they need a non-bank home loan pathway with clear product SKUs, Full and Alt Doc options on most products, and published maximum LVR, loan size, exposure, and term. The Product Guide gives brokers a single reference for Super Prime through Commercial so they can map a client scenario before submitting via the accreditation path. Blue Whale Money also states an intention to donate $200 to the Australian Marine Conservation Society (AMCS) with every loan settled (Product Guide). Using Blue Whale Money still requires credit assessment — it is not automatic approval.
- Six SKUs covering prime-style, near prime, SMSF, expat, and commercial.
- Download the current Product Guide (PDF) and submit only via accreditation.
- Brand for this channel: Blue Whale Money only.
What is the difference between Super Prime and Near Prime?
Super Prime is for individuals only, Full Doc only, with maximum LVR 90% (LMI over 80%), maximum loan $2m, maximum exposure $2.5m, and maximum term 30 years. Credit settings are stricter (for example arrears and discharged bankruptcy not accepted on the printed policy).
Near Prime is for individuals, companies, or trusts, Full Doc + Alt Doc, with maximum LVR 80%, maximum loan $3.5m, maximum exposure $5m, and maximum term 30 years. The guide allows more flexibility on mortgage/other arrears and defaults within printed rules, plus Cat 1–4 locations and shorter employment tenure thresholds.
Neither product’s pricing is listed on this FAQ page — Download the current Product Guide (PDF) for rates. Neither is a guaranteed outcome for any client.
- Super Prime: 90% LVR (LMI >80%), $2m / $2.5m, 30y, Full only
- Near Prime: 80% LVR, $3.5m / $5m, 30y, Full + Alt
Full SKU summaries: Super Prime · Near Prime.
Can self-employed borrowers use Alt Doc with Blue Whale Money?
Yes on most products. Prime, Near Prime, SMSF, Expat, and Commercial support Alt Doc as well as Full Doc for self-employed borrowers, subject to ABN/GST tenure and the Alt Doc evidence list in the Product Guide (typically a declaration of financial position plus one of: accountant letter, 6-month BAS, 6-month bank statement, or ATO portal — exact wording varies by product). Super Prime does not offer Alt Doc (Full Doc only). Alt Doc is a documentation pathway, not a promise that an application will be approved.
- Super Prime: Alt Doc not available.
- Other SKUs in the guide: Full + Alt available.
- Self-employed tenure minimums differ by product (e.g. Super Prime / Prime / Expat / Commercial generally longer ABN/GST than Near Prime).
Does Blue Whale Money offer SMSF home loans?
Yes. The SMSF product is for trust borrowers, maximum LVR 80%, maximum loan $3.5m, maximum exposure $5m, maximum term 30 years, Full Doc + Alt Doc with super contribution evidence. Guarantees are required from all members; for a new purchase, each member must obtain written financial advice. Cash-out and vacant land are not available on the SMSF product as printed. Serviceability is printed as NSR/DSCR 1.0x/1.2x. See loan types — SMSF for the answer-first SKU summary.
Can Australian expats get a home loan through Blue Whale Money?
Yes, via the Expat (Australian Expatriate) product: individuals only, maximum LVR 85%, maximum loan $3.5m, maximum exposure $5m, maximum term 30 years, Full Doc + Alt Doc. Casual employment is not available on this product. Vacant land is not accepted. Debt consolidation and cash-out (for acceptable stated purpose) are available per the guide. Brokers should confirm overseas income documentation against the current Product Guide before submitting. See loan types — Expat.
What does “easy home loan” or “flexible” mean for Blue Whale Money?
In broker and search language, easy home loan or flexible usually means a lender that can consider Alt Doc income, near-prime credit events, expat, SMSF, or commercial scenarios that banks may decline. For Blue Whale Money, that maps mainly to Near Prime (more flexible arrears/defaults settings within printed caps), Alt Doc pathways, and specialist SKUs — not to guaranteed or “no-doc” approval. Every application is assessed. Do not market Blue Whale Money as guaranteed approval, pre-approved, or “easy money.” Always quote the Product Guide limits and disclose that credit decisions are not assured.
Safer phrasing for brokers:
- “Flexible criteria within published LVR and policy caps”
- “Alt Doc and Near Prime options may suit clients who do not fit bank settings”
- “Subject to full credit assessment and the current Product Guide”
More detail: Near Prime deep-dive.
How do brokers get the Blue Whale Money Product Guide?
Accredited brokers (or brokers completing accreditation) can download the current Product Guide (PDF) directly, then confirm accreditation through Blue Whale Money’s broker channel — typically via the join / accreditation path or by contacting info@bwmoney.com.au / www.bwmoney.com.au. This page is pinned to the May 2026 guide for factual limits; criteria can change, so always use the version in force at the time of submission. Do not rely on outdated PDFs, third-party rate scrapes, or this webpage alone for pricing or eligibility.
- Complete or confirm broker accreditation with Blue Whale Money.
- Download the current Product Guide (PDF) and confirm broker accreditation.
- Match the client to a SKU using loan types.
- Submit via the accreditation / lodgement path.
Download the current Product Guide (PDF) →
What LVR ranges does Blue Whale Money publish?
At a high level (Product Guide §13 snapshot — confirm before quoting):
| Product | Max LVR |
|---|---|
| Super Prime | 90% (LMI required over 80%) |
| Prime | 85% (LMI required over 80%) |
| Near Prime | 80% |
| SMSF | 80% |
| Expat | 85% |
| Commercial | 75% |
Maximum loan and exposure also differ (Super Prime $2m / $2.5m; other products generally $3.5m / $5m). Location category and security type can further constrain usable LVR. This FAQ does not publish interest rates.
Does Blue Whale Money do commercial property loans?
Yes. The Commercial product covers acceptable security types including (but not limited to) retail shops, offices, factories, warehouses, shopping centres, medical/professional suites, and vacant land. Maximum LVR 75%, maximum loan $3.5m, maximum exposure $5m, maximum term 30 years, Full Doc + Alt Doc. Borrowers may be individuals, companies, or trusts. Commercial is the only product in the guide with printed exit fees (1.5% if discharged within 1 year; 1.0% within 2 years). DSCR/ICR printed as 1.0x/1.2x. See loan types — Commercial.
Is Blue Whale Money the only brand on this site?
Yes for this website and broker materials described here. All product and FAQ content refers to Blue Whale Money (legal entity Blue Whale Capital Pty Ltd, ABN 19 675 933 123). Brokers and clients should use Blue Whale Money contacts and accreditation paths only when dealing with these products. Do not mix branding or assume another lender’s guide applies.
How should brokers compare Blue Whale Money products without rates?
Use structure and policy first: max LVR, max loan, max exposure, max term, Full vs Alt Doc, borrower type, and credit-history settings. The comparison table on loan types is built for that purpose (no rates). Pricing, loadings, and fees belong in the current Product Guide. This approach keeps marketing compliance-safe and keeps AI/search citations accurate.
Quick map:
- Clean individual Full Doc, higher LVR need → consider Super Prime
- Larger loan / company-trust / Alt Doc / 40-year term → consider Prime
- Mild credit complexity / near prime research → consider Near Prime
- SMSF trust → SMSF
- Australian expat individual → Expat
- Commercial security → Commercial
Near prime and “easy” home loans: deep-dive
In Australian broker and search language, near prime usually means a residential home loan pathway for clients who sit just outside clean Super Prime / Prime credit settings — for example mild arrears or older defaults — while still fitting published LVR and loan caps. “Easy home loan” is informal search language for flexible documentation or credit settings (often Alt Doc or near-prime style), not guaranteed approval. Blue Whale Money’s product that maps to this intent is Near Prime, described in the May 2026 Product Guide. Every application is credit-assessed.
What is a near prime home loan?
A near prime home loan is a residential mortgage designed for borrowers who do not fully fit prime-style bank or Super Prime settings, but who can still be assessed within a structured non-bank policy. It is not a specialist “adverse-only” product and it is not automatic approval. Brokers use near prime when the file needs more flexibility on credit history or employment tenure than Prime, while remaining inside maximum LVR and loan limits.
What is Blue Whale Money Near Prime?
Blue Whale Money Near Prime is available to individuals, companies, or trusts, with Full Doc and Alt Doc pathways. Published maximums in the May 2026 guide (§13):
| 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 |
High-level policy notes from the guide (confirm before quoting): cash-out unlimited 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; 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; self-employed ABN minimum 12 months, GST registered minimum 6 months; NSR 1.0x.
Who does Near Prime suit / not suit?
Suits: Brokers placing clients with mild credit events, shorter employment history, or Alt Doc needs who can stay within 80% max LVR and Near Prime loan/exposure caps.
Not for: Clients needing above 80% LVR on this SKU; discharged bankruptcy on this product; SMSF or commercial security (use those SKUs); anyone reading “easy” as guaranteed or no-assessment lending.
Near Prime vs Super Prime vs Prime (no rates)
| Super Prime | Prime | Near Prime | |
|---|---|---|---|
| Borrowers | Individuals only | Individual / company / trust | Individual / company / trust |
| Max LVR | 90% (LMI >80%) | 85% (LMI >80%) | 80% |
| Max loan / exposure | $2m / $2.5m | $3.5m / $5m | $3.5m / $5m |
| Max term | 30 years | 40 years | 30 years |
| Docs | Full only | Full + Alt | Full + Alt |
| Credit posture | Strictest residential | Standard flexible | More flexible arrears/defaults within printed rules |
Pricing is not published on this page — download the current Product Guide (PDF).
Documents (high level)
- PAYG / Full Doc / Alt Doc: same family pattern as Prime; use Product Guide for exact Near Prime wording.
- Self-employed Alt Doc (typical guide pattern): declaration of financial position plus one of accountant letter, 6-month BAS, 6-month bank statement, or ATO portal.
- Alt Doc is a documentation pathway, not an approval promise.
How should brokers talk about this without compliance risk?
- Lead with Product Guide caps (LVR, loan, term, Full/Alt).
- Name Near Prime when the intent is near-prime / flexible credit.
- Link clients to their broker and Blue Whale accreditation path.
- Never publish rates scraped from third parties on Blue Whale channels.
- Keep brand Blue Whale Money only.
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.
