Got the cash flow but missing the paper work? It can be hard getting finance without traditional documentation so we’ve designed our Lo Doc Home Loan to take the headache out of the process.
Our Home Loan Experts have both professional and personal experience with Lo Doc Home Loans and know that you have more important work to do than go back and forth with paperwork. At Illawarra home Loans we push the paper so you can stay focused on your business.
Apply Now for pre-approval and we’ll get back to you within 24 hours, it’s that simple!
|Lo Doc Home Loan|
|Interest Rate:||6.74% p.a., 6.74%* comparison|
|Available for:||Self Employed (self certified, 2 year ABN)|
|Loan Purpose:||Purchase | Refinance (owner occupied) | Limited Cash Out | Investment | NRAS approved|
|Loan Amount:||From $50,000 to $1,000,000|
|Loan Term:||From 15 – 30 years|
|How much can I borrow?||Up to 80% LVR (Loan to property value ratio)|
|Lenders Mortgage Insurance (LMI):||Paid by borrower|
|Interest Only Option:||1 – 10 years|
|Fixed Interest Option:||1 – 5 years|
|Line of Credit Option:||Available with 15 year Interest Only term|
|Repayments:||Principal and Interest, Interest Only
Frequency: Weekly, Fortnightly, Monthly
|Property Requirements:||Registered First Mortgage over Torrens, Strata of old System title|
|Specific Fees:||No monthly or annual fees
Legal Fees from $275
Title Insurance Fees from $132 (for loans under $600,000); higher for larger amounts
Break costs may apply if loan is repaid during any fixed rate period
Available Lo Doc Home Loan Features
|Redraw||100% Offset Account|
|Dynamic Repayments (Available for P & I only)||Inward BPay|
|Direct Debits||Split Loan Facility|
|Inward Direct Credits||Outward Cheques (if a Line of Credit split exists)|
|Internal Portion Transfer (if a split loan)||Online Banking|
|Inward Deposit Book Payments||Loan Access Card|
We’re Backed By The RMBS Program
llawarra home loans funding is supported by the Australian Government $16 billion RMBS program which gives us the flexibility of the big blokes with the care, experience and attention that you deserve.
Request a Call Back
Complete our short call back request form, select a time and day that suits you and a qualified home loan consultant will contact you to discuss your options.
Apply For Pre-Approval
Complete our simple 3 step online application
select a call back time and day that suits you
A qualified consultant will call you obligation free
*Comparison rate 6.74% p.a. for an amount of $150,000 over 25 years. Conditions fees and charges apply to all loans. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The contents of this brochure have been prepared by, and remains the property of, Illawarra Home Loans Pty Limited A.C.N. 102 199 511. Illawarra Home Loans Pty Limited reserves the right to amend the service and product offerings listed herein without public notification. Whilst every attempt has been made to ensure the accuracy of the contents, Illawarra Home Loans Pty Limited will not be liable for any loss or damage arising from conclusions derived through the use of such information. The above information is a guide only. Any loan application made is subject to formal consideration at the discretion of the lender and Lenders Mortgage Insurer and no approval is implied from the above information. Fees, terms and conditions apply. Current as at 14 Jun 2012