BNK Bank (Goldfields Money/BCHL)
Prime Alt Doc Jumbo (BNK)
The Better Choice Prime Alt Doc Variable Home Loan offers a standard variable loan for loans between $2.50M to $5.00M with the option to use alternative forms to verify income. Available up to 70% LVR, this loan suits borrowers that are looking for flexibility with their home loan and investment properties
Home loansBank updated 11 May 2026
At a glance
- Variable (owner occ. P&I)
- 6.95% · 7.02% comparison
- Variable (investor P&I)
- 7.14%
- Max LVR
- 0.7%
- Features
- offset, redraw, extra repayments
§ 01 — Rates · 20
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableINV IO Up to 50% LVR | Investment · Interest only | — | ≤50% LVR · $2,500,000–$5,000,000 | 7.24% | 7.32% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV IO Up to 55% LVR | Investment · Interest only | — | 50–55% LVR · $2,500,000–$5,000,000 | 7.24% | 7.32% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV IO Up to 60% LVR | Investment · Interest only | — | 55–60% LVR · $2,500,000–$5,000,000 | 7.24% | 7.32% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV IO Up to 65% LVR | Investment · Interest only | — | 60–65% LVR · $2,500,000–$5,000,000 | 7.24% | 7.32% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV IO Up to 70% LVR | Investment · Interest only | — | 65–70% LVR · $2,500,000–$5,000,000 | 7.64% | 7.72% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV P&I Up to 50% LVR | Investment · P&I | — | ≤50% LVR · $2,500,000–$5,000,000 | 7.14% | 7.21% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV P&I Up to 55% LVR | Investment · P&I | — | 50–55% LVR · $2,500,000–$5,000,000 | 7.14% | 7.21% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV P&I Up to 60% LVR | Investment · P&I | — | 55–60% LVR · $2,500,000–$5,000,000 | 7.14% | 7.21% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV P&I Up to 65% LVR | Investment · P&I | — | 60–65% LVR · $2,500,000–$5,000,000 | 7.14% | 7.21% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableINV P&I Up to 70% LVR | Investment · P&I | — | 65–70% LVR · $2,500,000–$5,000,000 | 7.34% | 7.42% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO IO Up to 50% LVR | Owner occupied · Interest only | — | ≤50% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO IO Up to 55% LVR | Owner occupied · Interest only | — | 50–55% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO IO Up to 60% LVR | Owner occupied · Interest only | — | 55–60% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO IO Up to 65% LVR | Owner occupied · Interest only | — | 60–65% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO IO Up to 70% LVR | Owner occupied · Interest only | — | 65–70% LVR · $2,500,000–$5,000,000 | 7.34% | 7.42% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO P&I Up to 50% LVR | Owner occupied · P&I | — | ≤50% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO P&I Up to 55% LVR | Owner occupied · P&I | — | 50–55% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO P&I Up to 60% LVR | Owner occupied · P&I | — | 55–60% LVR · $2,500,000–$5,000,000 | 6.95% | 7.02% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO P&I Up to 65% LVR | Owner occupied · P&I | — | 60–65% LVR · $2,500,000–$5,000,000 | 6.95% | 7.14% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
| VariableOO P&I Up to 70% LVR | Owner occupied · P&I | — | 65–70% LVR · $2,500,000–$5,000,000 | 7.14% | 7.21% | Rate Applied to new Ultimate Prime Alt Doc Jumbo home loans |
§ 02 — Fees · 15
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Document Custody Fee | Event | $25 | — | Document Custody Fee |
| Loan Top Up | Event | $300 | — | This fee is incurred when a customer requests an increase for an existing loan |
| Solicitor Fees | Event | $1 | — | Solicitors fees for when the loan is altered and solicitors need to provide/amend documents for increasing of existing mortgage |
| Substitution of Security | Event | $690 | — | Substitution of Security |
| Valuation Fees - Substitution of Security | Event | $1 | — | Substitution of Security - Valuation Fees |
| Valuation Fees | Event | $1 | — | Valuation Fees when a new valuation is required for the property for increasing of an existing mortgage |
| Variation Fee | Event | $200 | — | Conversion - Convert to Fixed Rate (Full or Partial), Interest Only, Principal & Interest, Full Doc |
| Discharge (Full or Partial): Solicitors Fees | Exit | $1 | — | Solicitors Fees for discharging a loan - At cost |
| Discharge (Full or partial) | Exit | $390 | — | Discharging a loan - $390 per security + 3rd Party costs per security ($220 per additional security) |
| Discharge (Partial): Valuation Fees From | Exit | $1 | — | Discharge (Partial): Valuation Fees From - At cost |
| Solicitors Fees | Other | $1 | — | Solicitor Fees for Substitution of Security - At cost |
| Documentation Fee | Upfront | $25 | — | Documentation Fee for preparing loan contract and other documentation |
| Settlement Fees | Upfront | $395 | — | Settlement Fees |
| Solicitors Fees | Upfront | $330 | — | Solicitors Fees |
| Valuation Fee | Upfront | $1 | — | An at-cost fee that is relevant to a customer's circumstances where the amount or rate may not be known until negotiated with the customer. This fee relates to the valuation of the property required… |
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
- · Split Loans available
- · Pay weekly, fortnightly or monthly
- · Pay interest only. You can pay just the interest for up to 5 years for both Owner Occupied and Investment properties
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: An Australian citizen, permanent resident or Australian resident for tax purposes
- · Employment: Yes
- · Available to businesses
- · Maximum LVR 0.7%
- · Minimum balance $2,500,000
- · An Australian corporate trustee as trustee for a family trust, (provided the corporate trustee is a nontrading entity) and the family trust beneficiaries are all individuals
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right, last changed by them on 11 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.