Residential Low Doc Loans

Low Doc Loans*


OUR NICHE: Refinance Other Banks Low / Full Docs, Business Loans, Sub Prime & Non-Conforming Lenders, PLUS Purchases, Construction and Cash Out !!!

  • Cash Out up to $1M @ 80% LVR
  • Unlimited Cash Out up to $1M @ 80% LVR
  • Unlimited Cash Out up to $1.5M @ 80% LVR
  • Jumbo Low Docs up to $10M @ 60% LVR
  • Individuals, Companies & Trusts considered
  • NO BAS Required !!!
  • NO Bank Statements Required !!!
  • Self Certified Income Declaration Required !!!
  • LVR up to 80% LVR + Capitalised Risk Fee
  • Purchase, Refinance, Construction or Cash Out !!!
  • Loan Term up to 40 years

Jumbo Full / Low Doc Loans*

  • Loans up to $10,000,000
  • 80% LVR for Full Doc
  • 60% LVR for Low Doc
  • Interest Rate
  • NO BAS Required
  • NO Bank Statements
  • Unlimited Cash Out
  • Income Declaration Only
  • Personal or Business Purposes
  • Individual, Companies or Trusts
  • Rural Residential, Rural, Strata Units in Property Developments, Multiple dwellings/units
  • Paid Defaults considered

* A number of funding sources available.

* Terms & Conditions subject to change without notice.


One Response to Residential Low Doc Loans

  1. claudio says:

    Regulation will restrict credit: MFAA
    By Ben Abbott | 17 Aug 2010 There is no evidence any further legislative reform is required to regulate credit for small businesses, and any regulation is likely to hurt the sector by restricting available funds, the MFAA has said.

    In its response to the government’s second phase of National Credit Reform, the MFAA has argued in a submission to Treasury that there is no evidence of poor lending practices at the margin in the small business sector, as was the case in the residential sector.

    “Unlike residential mortgages, lending to small businesses requires greater scrutiny by lenders and brokers,” MFAA chief executive Phil Naylor said. “We are concerned regulation would restrict the availability of credit to small businesses which will be of significant detriment,” he added.

    The position supports that of a group of WA brokers headed by Finance Solutions’ Ray Weir, which also argued in a submission to Treasury that regulation would impinge the ability of small busines to access credit.

    The MFAA’s submission states that the industry has already undergone major changes as part of the first phase of NCR, and that “the combination of these reforms will have a significant affect on the credit market, even in respect of credit which is not regulated by the NCCP Act”.

    The industry body said time should be given to see how these already legislated initiatives work in practice, and that sufficient regulatory tools are now available to protect consumers and small business and drive out predatory lenders.

    The submission goes on to say that regulation is a “two-edged sword” that could impact borrowers and reduce commercial flexibility and innovation, and that there was no evidence borrowers were seeking greater protection.

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