Lo Doc

 

Description : For Self Employed applicants who have held an A.B.N for at least two years , however are unable to provide Tax Returns. You sign a declaration confirming your ability to repay the loan.

 

Loan Amount -  Minimum $50,000
Loan Amount – Maximum up to $1,000,000
Rate Type Variable or Fix (no cost to switch to fix)
Repayments

Principal and Interest or

Interest Only 1-10 years
Monthly or Fortnightly
Salary Crediting or Direct Debit

Lump Sum Payments Yes (whilst on the variable rate)
LVR – Maximum 80%
Loan Term Minimum 15 years
Maximum 30 years
Redraw Available Yes
Split Loan Available Yes
Lenders Mortgage Insurance Customer pays
Fees - Monthly Fee
- Application Fee
- Settlement Fee
 
$Nil
$600 (inc. valuation fee for one security)
$379.50