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Lo-Doc Loan

A great loan if you are self-employed and do not have your financials up to date, to 80% of the value of your property. It is available as a fully featured Lo-Doc loan which includes unlimited free redraws, salary crediting and flexible repayment options.

This Lo-Doc Loan could be the perfect loan if you are:

  • Self-employed and your financials aren’t up to date
  • Self-employed and you don’t want to supply your financials

Lo-Doc Loan Features *

Our Lo-Doc Loan is packed with flexible features. Here are some of them…

Loan Amounts $50,000 to $1,500,000
Minimum of $0 in combination or split.
Interest Rate Type Variable rate only
Term 10 to 30 years
Repayment Type Principal and Interest (amortising) or Interest only up to 5 years
Combinations and Splits Can split up to 4 accounts (will consider more) or combine with other Lo-Doc loan
Repayment Options Direct Debit either monthly or fortnightly Salary crediting Internet or telephone transfers from pre-nominated account for additional repayments
Additional Repayments Allowable with no limit
Redraw Facility No minimum redraws via Internet or telephone banking to pre-nominated account
Withdrawals Cash withdrawals not available other than electronic transfers as above
Salary Crediting? Yes
Ability to Switch Can switch to 'non' Lo-Doc products by applying with full income verification, $125 fee applies
Statement Issued P&I Quarterly, I/O Monthly
Other Fees Nil
Substitution Can substitute security within loan limit

* While we have taken all reasonable care in producing this information, we do not promise that it contains all the information you need to answer all your questions. All product details, interest rates, terms, conditions and other information may change at any time without notice.

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