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.
Loan Features
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.
If this sounds like the type of loan that fits you, please contact one of our Brokers