Specialist + is a flexible loan product that allows borrowers to restructure their debt position. It can be used for a variety of personal or investment purposes, provided the qualifying criteria are met.
Credit History:
This product is ideal for:
| Loan Purpose | Suitable for purchasing, refinancing, or releasing equity in owner-occupied or investment residential properties. |
| Maximum Loan-to-Value Ratio (LVR) | Up to 80%. |
| Maximum Loan Amount | <70% LVR = $5.0m; ≤80% LVR = $3.0m. |
| Maximum Loan Term | 30 years. |
| Repayment Structure |
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| Repayment Options | Weekly, fortnightly, or monthly payments. |
| Redraw Facility | Available |
| Extra Repayments | Permitted |
| Ongoing Fees | $15 per month account administration fee |
A: VMG’s Specialist+ loan is a flexible product designed for borrowers who need to restructure their debt position across multiple purposes. It is ideal for individuals who have encountered financial difficulties, including defaults, completed bankruptcies, or complex debt situations that require a tailored restructuring solution.
A: Yes. Specialist+ is specifically designed to support borrowers in consolidating and restructuring their debt. It can be used for purchasing, refinancing, or releasing equity in owner-occupied or investment residential properties, and is structured to help borrowers regain control of complex financial obligations.
A: VMG’s Specialist+ product considers applicants with poor credit history, including defaults, late payments, and discharged bankruptcies. Each application is assessed individually — contact your BDM or call VMG’s team for full details on the qualifying criteria that apply to your situation.
A: Specialist+ offers a maximum loan term of 30 years, with Interest Only periods of 1 to 5 years available, reverting to P&I thereafter. Full Doc loans are available up to $5m per security property. Repayments can be made weekly, fortnightly, or monthly, with a redraw facility and extra repayments permitted.
Please allow our team 24-48 hours to review your documents and get in touch. For urgent assistance, call us at 8600 7900.
You can give us a call at 03 8600 7900 to clarify your questions.
