The Enhanced Lo Doc 80% Home Loan is suitable for:
- Borrowers who are self employed;
- Borrowers who are full time investors for at least 2 years;
And who cannot provide extensive financial statements or tax returns to prove their income.
- A very competitive interest rate;
- Loans available from $30,000 to $1 Million;
- No ongoing monthly fees;
- Borrow up to 80% of value of the property;
- Make payments directly from your salary or by Direct Debit;
- Extra payments or lump sum repayments allowed except during fixed interest period;
- Unlimited free redraw access to any extra repayments;
- Fix the interest rate on all of part of your loan;
- Principal and interest loans available for up to 30 years;
- Interest only loans for up to 10 years for borrowers with genuine savings;
- Splitting the loan into fixed (up to 5 years) and variable interest rates available;
- Available for residential and land only purchases;
- Available as a construction facility;
- Also available as a line of credit facility with cheque book;
- Available as a refinancing or debt consolidation option
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