Loc Doc / Non-Conforming Finance
Should your finance not fit into the Major Banks Lending requirements, then we can offer alternative finance that may be more suitable to your circumstances that include competitive interest rates that in some cases are even lower than a compatible product(s) that the Major Banks Offer.
Summary of Products available include the following;
- No Ongoing Fees.
- Available for Vacant Land, Construction, Residential &/or for Investments Purposes
- Available Finance for Purchase, Refinance/Increase and Debt Consolidation considered.
- Unlimited cash out available.
- 100% Offset Account Available.
- Internet and Phone Banking.
- Minor defaults considered for finance below $500,000-
- Maximum Loan Value $1,500,000- per property. Higher amounts will be considered.
- Available for both Regulated and Unregulated Loans.
- Maximum Lending value being 80% of property value.
- Loan Repayment Frequency; Weekly, fortnightly or Monthly.
- Variable and Fixed Inetrest Rates.
- Interest Only Repayments up to 5 years.
Requirements;
- At least one Borrower musts be self employed and have had an ABN and registered for GST for 2 years or more.
- Security location: All Capitial Cities and Most Metropolitain and regional Centers.
Income Verification;
Supply One of the following:
- Accountants Declaration (supplied by MARS Finance® Pty. Ltd.) or
- Last 6 Months BAS statements or
- Last 3 months Business Accounts