Customer Assist FLEXI Full Doc

Transcription

1 Customer Assist FLEXI Full Doc Maximum LVR (PAYG) Cash out up to 85% LVR $1,250,000 (up to 80% LVR) $1,000,000 (up to 85% LVR) $750,000 (up to 90% LVR) $650,000 (up to 95% LVR) 95% for purchases only 85% for all other loan purposes Unlimited defaults registered > 36 months (paid or unpaid) Last 2 pay slips plus one of the following: Letter of employment Tax assessment notice Latest group certificate 3 months bank statements Last 2 years tax returns Last 2 years tax assessment notices Available up to 80% Hard caps apply to 85%, 90% and 95% LVRs

2 Customer Assist FLEXI Mere Doc Maximum LVR Cash out up to 80% LVR (includes business cash out) $1,250,000 (up to 80% LVR) $650,000 (up to 85% LVR) 85% for purchases only 80% for all other loan purposes Unlimited defaults registered > 36 months (paid or unpaid) ABN registered for 24 months GST registered for 12 months Declaration of financial position plus one of the following; o 6 months business bank statements o 6 months BAS o accountant s letter Hard cap applies to 85% LVR

3 Customer Assist Full Doc Purchase or refinance of owner occupied or investment properties; also includes Cash out up to 85% LVR Purchases up to 95% LVR with credit impairment Standard Loans Jumbo Loans $1,500,000 (up to 70% LVR) $2,500,000 (up to 65% LVR) $1,000,000 (up to 80% LVR) $2,000,000 (up to 70% LVR) $750,000 (up to 90% LVR) $1,750,000 (up to 75% LVR) $650,000 (up to 95% LVR) $1,250,000 up to 80% LVR) Maximum LVR 95% for purchases only 85% for all other loan purposes (PAYG) Acceptable Securities Unlimited defaults registered > 12 months (paid or unpaid) <1 months mortgage arrears (within last 6 months) Last 2 pay slips plus one of the following: Letter of employment Tax assessment notice Latest group certificate 3 months bank statements Last 2 years tax returns Last 2 years tax assessment notices Residential securities in categories 1-4 with a maximum land size of 25 acres Hard caps apply to 85%, 90% and 95% LVR Hard caps apply to 80% LVR for Jumbo loans

4 Customer Assist Full Doc PLUS Purchase or refinance of owner occupied or investment properties; also includes Cash out up to 80% LVR $1,000,000 (up to 70% LVR) $750,000 (up to 80% LVR) Maximum LVR 80% (PAYG) Unlimited defaults registered > 12 months (paid or unpaid) Up to 2 defaults < 12 months (paid or unpaid) 2 months mortgage arrears (within last 6 months) Last 2 pay slips plus one of the following: Letter of employment Tax assessment notice Latest group certificate 3 months bank statements Last 2 years tax returns Last 2 years tax assessment notices Available up to maximum loan size and LVR limits

5 Customer Assist Mere Doc Maximum LVR Cash out up to 80% LVR Standard Loans Jumbo Loans $1,500,000 (up to 70% LVR) $2,500,000 (up to 65% LVR) $1,000,000 (up to 80% LVR) $2,000,000 (up to 70% LVR) $650,000 (up to 85% LVR) $1,750,000 (up to 75% LVR) $1,250,000 (up to 80% LVR) 85% for purchases only 80% for all other loan purposes Unlimited defaults registered > 12 months (paid or unpaid) ABN registered for 12 months GST registered for 6 months Declaration of financial position plus one of the following; o 6 months business bank statements o 6 months BAS o accountant s letter** Residential securities in categories 1-4 with a maximum land size of 25 acres Hard cap applies to 85% LVR for Standard Loans. Hard cap at 80% LVR for Jumbo Loans. ** accountant s letter is not available for use on Jumbo products.

6 Customer Assist Mere Doc PLUS Cash out up to 75% LVR $1,000,000 (up to 70% LVR) $750,000 (up to 75% LVR) Maximum LVR 75% Unlimited defaults registered > 24 months (paid or unpaid) Up to 2 defaults > 12 months (paid or unpaid) 2 months mortgage arrears (within last 6 months) ABN registered for 12 months GST registered for 6 months Declaration of financial position plus one of the following; o 6 months business bank statements o 6 months BAS Available up to maximum loan size and LVR limits