Suncorp Low Doc Home Loans
Main Features and Fees...
| Company |
|
| Interest Rate | Enquire Here - discounts apply see below |
| Products Available | Variable, Back to Basics, 1,2,3 and 5 year fixed rates |
| Offset Account | Product Selected |
| Redraw Facility | Product Selected |
| Extra Repayments | Yes - see product details |
| Lump Sum Repayments | Yes - see product details |
| Product Change | Yes, $300 |
| Portability | Yes |
| Construction | No |
| Split Loan Facility | Yes - $200 per split |
| Principle and Interest Payments | Yes |
| Interest Only Payments | Yes - 5 years with another 5 year option |
| FEES | |
| Upfront Fees | $600 |
| Ongoing Fees | $10 per month |
| Early Exit Fees | $800 first 4 years |
| Discharge of Mortgage Fees | Not supplied |
Notes
Existing Low Doc customers
applying for additional Low Doc Lending in the 60% - 80% range will only
attract an LMI Premium on the additional funds.
Cash outs or loan advances where Suncorp cannot control funding willl be limited to the lesser of 10% of the loan amount or $50k. Debt Consolidation is not acceptable. Contact your Partnership Manager for more information.
No BAS statements required for loans between 60 and 80 percent of the properties value
The primary target market is potential
borrowers that are well established with a strong asset base that
includes hard assets (eg family residence, investment properties, share
portfolio) and have moderate gearing and a sound credit history. Low Doc
Applications will now be accepted for Personal. Purpose , Investment
Purpose and or any combination of both.
Companies and Trusts as borrowers.
Back to Suncorp Home Loans
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