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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