Non Conforming Home Loans - Home Loan Centre Australia - Lite Easy No Doc |
 |
 |
to select a different loan amount and loan term. Currently: $150,000 over 30 years |
|
| Home Loan Lender |
 |
Home Loan Centre Australia Home Loan |
|
| Home Loan Product Name |
Lite Easy No Doc |
| Interest Rate |
11.00% |
Comparison Rate
Estimated |
11.20% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,428.49 |
Total Paid
Estimated |
$515,380 |
| Establishment Fee |
$1,300.00 |
| Enquire/Apply |
 
|
| Target Market |
Self employed borrowers to borrow up to 85% LVR with NO ABN or GST requirements. 1 day Self Employed switching to 30 years loan term Lo Doc available once 2 years Self Employed conditions are satisfied.
,
Unit and Discretionary Trusts and Company borrowers are permitted. Directors guarantees will apply. |
| Acceptable Income |
PAYG, self employed. |
| Loan Term |
Maximum 30 Years. |
| Loan Size |
Minimum loan amount $50K.
,
Maximum loan amount $4M. |
| Repayment Type |
Fixed interest, interest only loans. Where interest is prepaid for the term of the loan or capitilsed, a discount of 0.15% on the published rate will apply. |
| Repayment Options |
Interest Only: payments are to be made on a monthly basis. |
| Extra Repayments |
|
| Split Loan Facility |
Available. |
| Offset |
Not available. |
| Redraw Facility |
|
| LVR |
Owner Occupier Maximum LVR 75%.
,
Investment Maximum LVR 75%.
,
Construction Maximum LVR N/A.
,
Refinancing Maximum LVR 75%.
,
Vacant Land Maximum LVR 75%.
,
Debt Consolidation Maximum LVR |
| Fees |
Application Fee 1% of Loan amont. The first instalment of the loan amount is payable on acceptance of the indicative proposal as follows: $750 payable on acceptance of the indicative proposal.
,
Valuation fees payable in advance $550 for each security property valued up to $500K
,
$925 for each security property valued up to $1M
,
$1100 for each security property valued up to $2M
,
Lenders Legals $750 and Legal Disbursements & Solicitors Document Preparation Fee $350 approximate (shown as Mortgage Preparation fee).
,
Early Repayment Fee 2% of the loan amount for each 12 months or part 12 months of the unexpired term. |
| Enquire/Apply |
|
| Other Non Conforming Home Loans |
 |
|
|
|
|
 |
| Other Home Loan Centre Australia Home Loan Products |
|
|
|
|
|
|
This Comparison Rate applies only to $150,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.
This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.
The information provided in this website is a guide only and may not be complete for your purposes. ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.
|