Low Start Full Doc |
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Oveview Target |
Loan Purpose |
Loans considered for direct purchase, refinance, debit consolidation and construction being residential and investment. facility Must be regulated by the UCCC (Split loans available up to four(4) accounts to a minimum of 10,000) |
Loan Features |
• Full supporting documentation and evidence of income is required for all applicant/s. |
Loan Products |
All facility included line of credit |
Minimum Loan Size |
$50k (Subject to the loan scenario and to the LVR) Double security |
Maximum Loan size |
$4,000,000(Subject to the loan scenario and to the LVR) Single security |
Loan to Value Ratio |
Insured |
Minimum Loan Terms |
Interest only from 1year to 15 years and (P&I thereafter) to 40 yrs |
Maximum Loan Terms |
40 years Principal & Interest |
Loan Repayment Frequency |
Weekly, twice monthly or monthly, day and date can be nominated |
Security Type |
Residential vacant land and rural residential being occupier \ investment |
Redraw Available |
Yes |
Split Loan Available |
Yes |
Dynamic Repayment |
Yes |
Additional Repayment |
Principal reductions accepted with minimum of $5,000 each time on the principal part if any |
Loan statements |
Issued Half Yearly (But you can ask us when required we will mail them to you charges apply). |
Documentation Required |
Subject to the loan purpose, please call 1300 790 909 for more details |
Financial Information |
Borrowers who can demonstrate means of serviceability |
Qualifying Interest Rate |
Please call our consultant on 1300 790 909 for more details 24/7 |
Other Conditions |
A. Prime loans Borrowers must demonstrate serviceability with up to date detailed financial statements covering last 12 months + 4 pay slips for (Full doc Loans) |
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