Vacant Land Loan |
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Vacant land loans enable customers to borrow in order to purchase land, with the intention of building a home on that land at a later stage with great features, including the option to fix or split your loan, the ability to make additional repayments when you want, and the option to redraw these funds for any purpose when you require it.
The wrong home loan could cost you a fortune – so it’s crucial to find the one that’s right for you.
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Applicant type
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Individuals, Companies, Trusts.
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Employment requirements
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P.A.Y.G. must be full-time or part-time permanent. If Self-Employed, two years.
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Income: required proofs
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P.A.Y.G. Pay slips, group certificates or employer letter. Self-employed, two years tax returns.
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Loan amounts minimum & maximum
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$30k >
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Purpose
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Owner-Occupied, or (Investment to 90% LVR)
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LVR
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> 95% + Capitalising of mortgage insurance
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Coded, non-coded, or either
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Either
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Credit related issues
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CLEAR.
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Variable, fixed or both
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Both
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P&I, I/O, or both
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Both
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Residency Status
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Citizens and permanent residents
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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
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| PRODUCT MATRIX VARIABLES |
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| General Advice: The information contained in this web-
site has been prepared without talking into account your
objective, financial situation, loan suitability or particular
need and is General Advice only provided by Ausco Trading
Pty Ltd Australian Credit Licence No: 386838
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