01
What It Means
A salary transfer arrangement means your salary is paid into your account with the lending bank each month.
02
Why It Matters
Some lenders offer preferential rates, higher LTVs or easier approval to customers who transfer their salary to them. Whether this applies, and how much it helps, varies by lender and profile.
03
Simple Example
An applicant asks two lenders to quote with and without salary transfer, and compares the total cost before deciding where to bank their salary.
Still unsure how this affects your case?
A Funds Officer can explain how this applies to your circumstances and the options that may be available.
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