Are you eligible?
Check to see if you meet the criteria below. We'll confirm serviceability during the application process.
New Purchase or Refinance
Owner Occupier
Both First Home Buyers and Non-First Home Buyers
No guarantors or equity sharing required.
Up to 98% LVR
Principal & Interest
Variable Interest Rate
All state capitals, Newcastle, Wollongong, Central Coast, Gold Coast, Sunshine Coast, Canberra & Queanbeyan and Geelong
See our Locality Map
New or Established Properties
No vacant land or construction loans
Properties must be at least 50m2
excluding balconies and car spaces
We cannot lend to:
Apartments in buildings that are 7 stories or more and were completed within the last 10 years
Any apartment complex with more than 30 units in a suburb marked as High Density in Locality Map
New Purchase or Refinance
You are buying or refinancing your only investment property
Both First Home Buyers (FHB) and Non-First Home Buyers
No guarantors or equity sharing required.
Up to 98% LVR
Principal & Interest
Variable Interest Rate
All state capitals, Newcastle, Wollongong, Central Coast, Gold Coast, Sunshine Coast, Canberra & Queanbeyan and Geelong
See our Locality Map
New or Established Properties
No vacant land or construction loans
Properties must be at least 50m2
excluding balconies and car spaces
We cannot lend to:
Apartments in buildings that are 7 stories or more
Any apartment in a suburb marked as High Density in our Locality Map
Ready to Apply?
If you meet the above eligibility, apply for a Skip loan today.
FAQs
Find answers to your most pressing questions about our home loan services.
How long does it take to receive conditional pre-approval?
Conditional Pre-Approval will typically take 24-48 hours from application submission.
Who are your loans suitable for?
Our loan products are designed for borrowers looking for an 85-98% LVR home loan.
If you are a borrower who is seeking an 85-98% LVR loan, we suggest you apply or contact us for more information.
Our TMDs (Target Market Determinations) provide more information about who our products are suitable for.Can I get a pre-approval online?
Yes, we provide pre-approvals. To do this, we assess everything we can without knowing the final property you’ll be purchasing.
As is the market standard, pre-approvals are typically subject to satisfactory valuation of the property you purchase. If you’ve already purchased the property or exchanged contracts we can also go straight to an unconditional approval.
Prior to starting your application, we suggest you use our online calculators to understand your borrowing capacity and loan estimate.
Once you are ready to apply, click on Apply Now and follow the steps to complete and submit your application.What documents will I need to apply?
Identity Verification
Every applicant verifies their identity online. There's nothing to print or post, and no branch visit.
We'll send each applicant a secure link by SMS to the mobile number on your application. You'll take a photo of your ID, then a quick video selfie so we can confirm it's you - it usually takes a few minutes.
You'll need one of the following:
-Australian Passport (current, or expired within the last 2 years)
-Australian Driver's Licence (must be current)
-Foreign Passport (must be current)
If you're using a foreign passport, we'll also ask for your visa grant notice or VEVO check. This is uploaded separately as a document at submission. If we can't complete the check - for example if the photo isn't clear - we'll contact you and let you know what we need.
Income VerificationWe also require documentation to verify your income. In general, we require 2 payslips, however we may request additional documents based on the information that you declare.
Self employed applicants must provide 2 years of tax returns and corresponding financial statements.
Liabilities VerificationIf you have any liabilities, we require the most recent statement for each of your current liabilities. We may request additional documents for further verification if required.
What if I'm self-employed?
We’re able to lend to self-employed sole trader applicants on a case by case basis. We encourage you to apply so our team can be in touch to discuss your circumstances.
We are currently unable to consider company, trust or partnership arrangements.
General guidelines:If you’re operating as self-employed, we require you to be registered for GST and evidence 2 years of profitable trading at minimum