Features
With over 20 different Low Doc products available, we are able to offer loans with a variety of different features.
|
Minimum Loan |
$150,000 |
|
Maximum Loan |
No Maximum @ 60% – at lenders discretion |
|
Purpose |
Can be either Owner Occupied or Investment |
|
Income Verification |
If loan is greater than 65% of property value, Self Certification Letter is normally needed. |
|
Self Employed Only |
|
|
Construction |
Yes |
|
Indicative Rates |
Dependent on lender, currently can start from normal home loan rates |
|
Loan Structure |
Principal & Interest or Interest Only |
|
Acceptable Securities |
Must be Zoned Residential |
|
Rural Residential/Rural |
Yes |
|
Vacant Land |
Yes |
|
Clear Credit Required |
CRAA must be clear |
|
Acceptable Location |
Major metropolitan & regional centres |
|
Maximum Loan to Value of Property |
Up to 80% |
|
Borrowers |
Individuals, Companies and Trusts |
The above is a general guide only.
All loan applications are subject to a lenders terms and conditions and credit criteria.
