Postcode checker
Type the postcode the security sits in. You get back which of our products can be written there, and where the deal belongs if the postcode is the awkward part.
Enter a four-digit postcode to see which products can be written against security there.
A postcode changes the product, not the answer
Most lenders run a postcode filter. A deal outside the list declines before anyone reads it, which is why a broker with a good regional file spends a week finding that out. We do not work that way: the security, the LVR and the exit decide the deal, and the postcode decides which of our products it prices on.
Inside the capital cities every product is open. Outside them, Alphacon Reach exists for exactly that security and considers every Australian postcode, with Bridge and Second written Australia-wide as well. What you lose outside metro is not the deal, it is a few points of LVR.
Frequently asked questions
Do you lend in regional and rural postcodes?
Yes. Alphacon Reach considers every Australian postcode, and Alphacon Bridge and Second are written Australia-wide. What changes outside the capital cities is which product the deal belongs on, not whether we will look at it.
Which postcodes count as metro?
It is not our judgement call. The checker reads a postcode schedule of 2,678 Australian postcodes, each carrying a metro or non-metro flag and a category from 1 to 4. The two are independent: Cairns is non-metro and Category 1, Ballarat is non-metro and Category 2. The Central Coast and the Illawarra are classed as metro, which surprises most people.
Is a postcode ever an automatic decline?
No. We assess the security, the LVR and the exit, not a postcode filter. A remote or single-industry location affects the LVR we can support and which product prices it, and it is a conversation rather than a rule.
Why does Alphacon Fast show a limit above $3M?
Facilities above $3 million on Alphacon Fast are written in Sydney, Melbourne and Brisbane only. Below that it runs across the capital cities and select metro centres.
The postcode I entered is a PO box. Does that matter?
Yes. Some postcode ranges are reserved for PO boxes and large-volume receivers rather than street addresses. The security sits at a street address, so use the postcode that address falls in.
Can you take security in more than one state?
Yes. We regularly take two or three securities against one facility, in different states, with a partial discharge figure set per title.
General information only
This checker applies the published location line of each product to our postcode schedule of 2,678 Australian postcodes. It is a general guide, not a credit decision, and it does not take your circumstances into account. Every facility is subject to credit assessment, valuation and satisfactory security. Alphacon Capital writes business-purpose and investment loans to companies and trusts only.