Apply for a loan online - Non-Conforming loans - LINE OF CREDIT LOAN

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NON-CONFORMING LOANS

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LINE OF CREDIT LOAN

This is a variable rate interest only facility linked to a chequebook and direct credit & debit facilities. This a flexible solution best suited to clients who can manage their finances well.

Applicant type	Individuals, Companies, Trusts.
Employment requirements	P.A.Y.G. must be full-time or part-time permanent. If Self-Employed, two years.
Income: required proofs	P.A.Y.G. Pay slips, group certificates or employer letter. Self-employed, two years tax returns. Can also be low Doc
Loan amounts minimum & maximum	$30k to $2 mil
Purpose	Owner-Occupied, or Investment
LVR	If Non-genuine savings 90% LVR If Genuine savings 95% LVR
Coded, non-coded, or either	Either
Credit related issues	CLEAR. Very minor but paid defaults may be O.K.
Variable, fixed or both	Variable only
P&I, I/O, or both	Interest only If > $85%, max 5 years If < $85%, max 10 year
Residency Status	Citizens and permanent residents
Comments, special conditions
Approximate rate	Call us for the best rate