Retro Thrive is an innovative product designed to help mature-aged Australians 50 and over free up cash flow from their investment properties. Loan Term: 40 years. Interest only for the life of the loans, 100% Offset facility.

Maximum LVR: 65%, Servicing: Interest Only repayments @actual rate +2.0%, Security: Residential Investment Property. Who is eligible to apply? Australian residents with a lean credit history, customers who have reached the age of 50 (youngest applicant to be 50+ years old), customers who already own the security, LVR under 65%.

Security Type Residential, Loan Type Investment, Purchase available No, Refinance available Yes, Minimum loan amount $100,000, Maximum loan amount $2,000,000, Total maximum exposure to customer $3,000,000, Borrower Structure Up to two individual borrowers, Interest rate Variable rate only, Minimum loan term 8 years, Maximum loan term 40 years, Income type PAYG, Self Employed, Retirement Income, Ability to make additional repayments Yes, 100% offset Yes.