For owner occupiers the standard variable rate is the Mortgage Shredder Reference Rate . The Bankwest Premium Select home is available to owner occupiers only and to individuals, trusts and non-trading companies. Loan is not available where purpose of the loan for investment purposes. Note: investment purpose includes but is not limited to, funds for shares, land, construction or an established dwelling (including re-finance of investment loans) for investment purposes. Where a loan contains multiple purposes if any purpose is for investment then you will not be eligible for this loan. Minimum loan size $20,000.