The Conforming Asset Lend 70% Home Loan has very minimal requirements:
No financial statements required; Borrower does not need to have an ABN; No stated income is required; No minimum self employment period is required.
Therefore, this home loan is generally suitable for the self employed, full time investors or borrowers who are starting a new business.
Loan Features
A very competitive interest rate; Loans available from $30,000 to $800,000; No ongoing monthly fees; Borrow up to 70% of value of the property; Make payments directly from your salary or by Direct Debit; 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 rates (up to 5 years) and variable interest rates available; Available for residential and land only purchases; Available as Line Of Credit facility with cheque book; Credit card sweep and interest capitalisation available on Line of Credit facility.
If this sounds like the type of loan that fits you, please contact one of our Brokers