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Low doc rates - September 2012

Posted Wednesday, 12 September 2012 at 18:07 by Shape Home Loans
Tagged: Low Doc loans
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Low doc Loans 

 

Negotiated rates available to Shape Home loans Customers- Same Banks. Better Rates. Served With A Passion.

 Based on $400,000+  | 30 years term | LVR 60-85% | Conditions applies **

Loan can be converted back to standard full doc loans.

 

 

As of 12 September 2012

 

60% LVR

 

Lenders                                                 

Interest Rate                                                     

Features                                                                                                                        
 Low doc fixed rate 5%

 

5.59% Fixed 3 years

 

 

 

Minimum ABN period

 

6 month

 

 

Documentations Required 

  • Accountants sign off/letter only for loan under $500,000
  • for loans over $500,000 - Require 6 month trading statements OR 6 month BAS

Features

  • Refinance and purchase
  • Constructions loans
  • No GST required / No BAS for income under $75,000
  • 100% Offset account

 
  Low doc rates

6.38%

 

 

Minimum ABN period

 

24 Month

 

 

Documentations Required 

  • 12 Month trading statements

Features

  • Lowest variable for low-doc
  • Rate is 6.58% for 70-80% LVR
 

 

60-90% LVR

 

Lenders                                                 

Interest Rate                                                     

Features                                                                                                                        
 Low doc fixed rate 5%

 

5.59% fixed for 3 years ( 80% LVR)

 

 

Minimum ABN period

 

6 month

 

 

Documentations Required 

  • Accountants sign off/letter only for loan under $500,000
  • for loans over $500,000 - Require 6 month trading statements OR 6 month BAS

Features

  • Refinance and purchase
  • Constructions loans
  • No GST required / No BAS for income under $75,000
  • 100% Offset account
     

7.99% (75% LVR  )

 

9.85% (90% LVR  )

Minimum ABN period

 

12 month  - 75% LVR

24 month - 90% LVR

 

Documentations Required 

  • Accountants Letter only  up to 75% LVR
  • Self declaration only for LVR under 60%

Features

  • Um limited cash out up to 60% LVR
  • Cash out capped up to max 1.30M up to 75% LVR
  • NO LMI - Risk fee applies
  • Trust and Company borrower acceptable
  •  

 

 

 

Special Low Doc Product

 

Lenders                                                 

Interest Rate                                                     

Features                                                                                                                        
 Low doc Private loan

10.95% (70% LVR)

 

* Debt, bad credit, ATO debt allowe

Minimum ABN period

 

3 years  

 

Documentations Required 

  • Accountants Letter only   OR
  • 12 month BAS

Features

  • Credit defaults allowed
  • ATO debt allowed
  • Debt consolidation and
  • Cash out allowed up to 80% Unlimited
  • No LMI - Risk fee applies
  • Ability to switch to a lower rate product after 12 month**
1 day old ABN low doc loan     

6.85% (60% LVR)

1 day old ABN

 

 

 

8.85% (80% LVR)

1 day old ABN

 

Minimum ABN period

 

1 day 

 

Documentations Required 

  • Accountants Letter only to confirm you can service the loan

Features

  • Attached to an 100% offset account
  • Ability to switch to a lower rate product after 24 month**

Click here for the latest variable rates 

 

 

There are 100's of products to choose from, we are independent and accredited with 42 of the most respectable banks and lenders in Australia, and we offer:

 

 Free Service and professional advice

 Loan Structure that will give you MAXIMUM benefits - Tax, Wealth Creation and savings

A choose of loan products that are suited to YOUR needs, NOT the banks.

Quick, efficient and easy to understand service 

A written plan and quote on how you can achieve your financial goals from property investing.

Connections, referral and discount on a range of professional service - Tax accountant, Financial planners, Insurance Brokers, Real Estate agent and Conveyancer

Free property report and access to the latest news and information  

We are more then YOUR personal mortgage manager. 

 

 

 

 

 CONTACT US FOR MORE INFORMATION

 

Contact us

 

 

It's NOT always about the interest rate, Service, monthly fee, annual fee, exit fee, easy access  and security all plays an important role in deciding for the best home loans.

All lenders will have condition on who they want on their books. So speak to us first and let us do the homework for you!!! FREE of charge.                         

 

** The Comparison Rate (CR) combines the lender's interest rate, fees and charges into a single rate to show the true nature of a home loan. The CR rate is not included into this site, however the full CR are available from lenders and from Shape Home Loan- simply email us at info@shapehomeloans.com.au, and we will be more then happy to assist. Cost such as redraw fees or early repayment fee are not included into the CR and this may influence the cost of the loan.

 


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