Brighten Product Changes

Effective 14th of March 2022, the following changes have been made to the Brighten products.

Enhanced Brighten Empower Prime

At Brighten, they are always looking for ways to improve the broker's experience. They are streamlining their Full Doc offering by combining the Brighten Essentials and Brighten Empower Prime products.
The following interest rates are now applicable to new Brighten Empower Prime home loan applications.

Features of Brighten Empower Prime

  • $0 ACCOUNT FEE
  • Max. Loan Size $1.5m
  • Max. LVR 95% (>80%LVR, LMI applies)
  • Category 1 and Category 2 postcodes accepted
  • 100% Redraw Offset Facility available
  • Full Doc product designed for PAYG and self-employed borrowers seeking competitive home loan solution

Brighten Boss Prime

The following interest rates and risk fees are now applicable to new Brighten Boss Prime home loan applications.

Construction loans

The following interest rates and risk fees are now applicable to new Brighten Easy Builder home loan applications.

Brighten Easy Builder - Full Doc & Alt Doc

Maximum loan amount for investment loans is reduced to $1,000,000.
Please note: Default Rate applies if construction does not begin within 3 months of loan settlement or complete within 12 months of loan settlement.

Brighten Easy Builder - Non Resident

Max. the loan amount is reduced to $900,000.

Please note: Default Rate applies if construction does not begin within 3 months of loan settlement or complete within 12 months of loan settlement.

*Available for new Brighten Empower Prime loans (OO P&I) 70%LVR. ^Of the loan amount. The risk fee can be capitalised to a max LVR of 80%. Fees, charges and Terms and Conditions apply. # The comparison rate is based on a secured loan of $150,000 and 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.

For any questions please reach out to your BDM.