AMP - Low Doc Loans

Main features for home and investment lo doc loans...

 
Company
Interest Rates                        Enquire Here -  higher low doc rates apply
Products Available Variable, fixed, line of credit, construction and interest only options
Maximum Lend Amount Per Property $1 million metropolitan and $750K regional
Maximum Exposure Per Borrower $2.5 million
ABN Required 2 years minimum
GST Required Yes minimum of 12 months
BAS Statements Less than 60% LVR - No; Greater than 60% LVR - Yes 12 months
Purchases Up to 80% of the properties value
Refinance Available Less than 60% LVR - Yes; Greater than 60% LVR - Yes owner occupier only
Cash Out No
Construction No
No Doc Not available
PAYG Employed Borrowers No
FEES  
Upfront Fees Product selected
Ongoing Fees Product selected
Early Exit Fees Product selected
Discharge of Mortgage Fees Product selected


Notes

This product will appeal to customers that experience uneven cash flows, have difficulty in separating their personal and business cash flows or who don’t have up to date financial statements.

Primary borrower must be self-employed for a minimum of 2 years, holding a valid ABN for at least 2 years. At least one borrower must be registered for GST for a minimum of 12 months in all instances regardless of income declared. Co-borrower can be PAYG.

Tax Returns are required to demonstrate additional income for serviceability purposes. (Income such as overtime, commissions, bonus, casual and contract), a minimum one year's Tax Assessment Notice is to be supplied and 2 year's group certificates and / or tax returns.

Secured by residential property.

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Need Help Finding the Right Low Doc Loan...

• 80% LVR (Loan to Value Ratio) home loans and investment loans at full doc loan rates

• No BAS statements required for lo docs loans up to 80% LVR

• Low doc loans for PAYG (employed) borrowers up to 60% of the properties value. No ABN required

• Low doc loans with 6 months to 2 years ABN and GST registration

• Refinances up to 80% LVR with

• Cash out with no BAS required

• Credit impaired low doc loans

• No doc loans

• Many more options and hundreds of loans available

 

Simply click the link below or call 1300 726 136 to have all your mortgage questions answered

 

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