Posted Saturday, 21 June 2014 at 11:17 by Shape Home Loans
Tagged: Low Doc loans
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We have an extensive range of low doc loans available at high LVR above 80%! And in some cases there's no need for BAS statements or trading statements - an accountant’s letter is all we ask for.
At Shape Home Loans we strive too providing a extensive range of creative, cost efficient and safe funding solution and options for our clients, so we are pleasured to announce we have 3 new low doc funders on our board of accredited lenders, this will enable us to have access to 13 more products in the low doc space!
Name: Simple Low doc 80
LVR: 80%
Rate: 6.24% variable ( As of 21st June 2014)
Fixed rate options: None
Lenders application fee: $700
LMI: None
Risk fee: 1.50% of the loan amount
Exit fee: None
Evidence of income:
One of the following.
Accountants Letter only OR
6 month business trading statements OR
6 months BAS/GST statement
Name: Standard Low doc 80
LVR: 80%
Rate: 5.08% variable ( As of 21st June 2014)
Fixed rate options: 4.79% Fixed 1 year, 4.84% 2 years and 5.09% 3 years ( As of 21st June 2014)
Lenders application fee: $300
LMI: Yes
Risk fee: None
Exit fee: None
Evidence of income:
Accountants Letter AND
6 month business trading statements AND
12 months BAS/GST statement
Name: Simple Low doc 85
LVR: 85%
Rate: 7.84% variable ( As of 21st June 2014)
Fixed rate options: None
Lenders application fee: $700
LMI: None
Risk fee: 1.55% of the loan amount
Exit fee: None
Evidence of income:
One of the following.
Accountants Letter only OR
6 month business trading statements OR
6 months BAS/GST statement
Name: Simple Low doc 90
LVR: 90%
Rate: 9.35% variable ( As of 21st June 2014)
Fixed rate options: None
Lenders application fee: $1,500
LMI: None
Risk fee: 2.10% of the loan amount
Exit fee: None
Evidence of income:
3 month business trading statements AND
One of the following.
Accountants Letter OR
6 months BAS/GST statement