FEATURE / NON-CONFORMING
Allstate Home Loans Phone: 1800 101 368 Web: allstatehomeloans.com.au PRODUCT NAME
INITIAL RATE
MAX LVR
STARTUP FEE
MAX LOAN CREDIT IMPAIRED AMT
Full Doc Specialist
8.22%
90%
$949
Y
LoDoc Specialist
8.30%
85%
$949
N
LoDoc PLUS Specialist
8.90%
90%
$949
Y
Full Doc Clear
7.99%
95%
0.50%
Express Lite Doc
8.95%
80%
Express Commercial
9.40%
70%
LOAN FEATURES
REQUIREMENTS
$1,500,000 Redraw; offset; split loan facility; inward direct debits/credits; $1,350,000 internal portion transfer; inward deposit book payments; BPAY; $1,500,000 outward third party direct debit
PAYG or S/E
Y
$1,500,000 Unlimited cash out
PAYG or S/E
1.25%
Y
$1,500,000 Unlimited cash out
One year ABN + accountant’s letter only
1.25%
y
$1,500,000 Unlimited cash out
LoDoc construction (no presales) up to 6 units – Cat A locations
Two-year ABN + accountant’s letter 6 mth ABN + accountant’s letter + 3mth statements
Victoria Mortgage Group Phone: 03 8600 7900 Email: info@vicgroup.com.au Web: vicgroup.com.au PRODUCT NAME
INITIAL RATE
MAX LVR
STARTUP FEES
MAX LOAN AMOUNT
LOAN FEATURES
SMSF REQUIREMENTS
Five Star Flexi
6.40%
80%
$750 plus legals and valuation
$2m
A specialist refinance product
Arrears and minor defaults are acceptable
Better Mortgage Management Phone: 1300 662 661 Web: bettermm.com.au PRODUCT NAME
INITIAL RATE
MAX LVR
Lo Doc Premium Specialist
From 7.91%
85%
$1,574 (additional risk fee applies depending on LVR)
Premium Specialist Access
From 8.22%
90%
$1,574 (additional risk fee applies depending on LVR)
Flexi Access Lo Doc
From 8.29%
Flexi Access
From 8.29%
54 | MPAMAGAZINE.COM.AU
STARTUP FEE
MAX LOAN AMOUNT
LOAN FEATURES
REQUIREMENTS
$1.25M
Unlimited cash out, 12 month ABN OK, payout ATO debt OK, funds for business purpose OK, 100% offset available, defaults up to $1000 ignored
Accountant verification of income
$1.25M
All defaults/judgments <$1000 ignored, all defaults judgment either paid more than 12 Last 2 payslips and months ago or listed more than 2 years ago group certificate ignored, 100% offset account
85%
$1,424 (additional risk applies depending on LVR)
$2.5M
Unlimited cash out, 12 month ABN OK, payout ATO debt OK, funds for business purpose OK, defaults up to $500 ignored,defaults listed >12 months ignored
Last 6 months trading statements for business to verify income
90%
$1,424 (additional risk applies depending on LVR)
$2.5M
Defaults up to $500 ignored, defaults >12 months ignored, up to 2 months mortgage arrears
Last 2 payslips and group certificate