|
Applicant type
|
Facility limit is assessed
on the age of the youngest
applicant and the loan to
value ratio. The limit
available must fall between
the acceptable limit range. |
|
Employment requirements
|
n/a. |
|
Income:
required proofs |
n/a |
|
Loan
amounts minimum & maximum
|
$20k
> no maximum for loans,
subject to property
valuation and applicant's
age |
|
Purpose
|
Any personal purpose.
Refinance any existing loan
where the original purpose
was for personal use only. |
|
LVR
|
Age
is based on lowest age of
borrowers
Customers Min & Max Limit
Max LVR ,
Aged increases 1% LVR per
year after 60 years
60 to 65
10% > 15% LVR = 1% per year
66 to 75
16% > 30% LVR = 1% per year
76 to 85 , 31% > 40%
LVR = 1% per year
86 to 94
41% > 49% LVR = 1% per year
95 ,+ 50% LVR |
|
Coded,
non-coded, or either
|
Either |
|
Credit
related issues |
CLEAR. Very
minor but paid defaults may
be O.K. |
|
Variable, fixed or both
|
n/a |
|
P&I,
I/O, or both |
n/a |
|
Residency Status
|
Citizens and
permanent residents |
|
Comments, special conditions
|
No ongoing
fees or charges |
|
 |
Important
Information:
Some email filters will send
form confirmation links
directly to your junk mail
box. If you can not find a
reply confirmation in your
inbox please check in your
junk mail. |
If
you wish to proceed, then we will help
you to complete all the necessary
paperwork and liaise with the lender on
your behalf. This will include the
completion and submission of your home
loan application and the on-going
communication between all parties until
your home purchase is settled
|