Homeside Lending (NAB) - Low Doc Loans
Main features for home and investment lo doc loans...
| Company |
|
| Interest Rates | Enquire Here - standard rates and discounts apply |
| Products Available | Variable, fixed, line of credit, construction and interest only options |
| Maximum Lend Amount Per Property | $860,000 |
| Maximum Exposure Per Borrower | 2.5 million and on a case by case basis |
| ABN Required | 2 years minimum |
| GST Required | 1 year minimum |
| BAS Statements | Less than 60% LVR - No; Greater than 60% LVR - Yes 12 months |
| Purchases | Up to 80% of the properties value |
| Refinance Available | Yes up to 80% of the properties value and owner occupier only |
| Cash Out | No |
| Construction | Yes up to 80% of the properties value |
| 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
Individual self-employed borrowers who are
Australian Citizens/Permanent Residents. Active ABN for minimum of two
years. GST Registration for at least 12 months. .
Available to PAYG borrowers as co-applicants
only (PAYG borrowers are subject to normal income verification).
At least 1 borrower must be self employed
Documentation required
The self-employed borrower must provide a
signed Customer Declaration Form (CDF) confirming customer income,
length of employment and ability to service the loan together with an
ABN held for a minimum of 2 years.
6 months loan statements from current or
recently held (within the last 12 months) home loans must be provided
for each applicant to the loan. The statements must demonstrate the
customer’s ability to satisfactorily service an existing or recent home
loan.
Back to Low Doc Loans
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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