Low Doc

Full Doc / Lease Doc

Cash Out / Equity Access

Commercial / Lease Doc

Credit Repair

A) Rural B) Rural Residential

Solicitor Funds / Private Money

2nd Mortgage

Construction

SMSF

Max LVR:

80% or 85%

95%

95%

70%

80%

A) 60%
B) 75%

66%

75%

75%

80%

Rate (from):

4.99% IO or P&I VAR

3.99% IO or P&I
VAR

3.99% IO VAR

6.99% IO

6.99%

6.99% IO

8% IO Fixed

17.5% IO Fixed

7.19% IO

6.59% Residential
6.99% Commercial
IO Fixed or VAR

Term:

30 years

30 years

30 years

5 years

30 years

2 years Low doc

6 months to 3 years

6 months to 2 years

2 years

30 years

Serviceability:

Self employed.
ABN Required.
No LMI to $1.2 million @ 80% LVR

LMI above 80%

Full Doc or Low Doc

Low Doc

Full Doc or Low Doc

Full Doc or Low Doc available

Not applicable

Not applicable

Low Doc. No LMI

Full Doc or Low Doc.
Regulated or non-Regulated.

Max Loan:

$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR

$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR

$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR

$5 million

$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR

$1.5 million

$3 million

$1 million

$1.5 million.
Up to $5 million @ 65% LVR

$5 million

Purpose:

Purchase, construction (hard cost).
Refinance.
Refinance for construction.
Residential only.
Owner occupied or investment.
Cash out available.
No cap on defaults.
Max 2 months mortgage arrears.
Ex bankrupts considered.

Non-Resident @ 7.99%
Refinance to
90%.
Purchase,
Refinance for
construction.
Unlimited cash
out. No cap on
defaults,
residential
only. No cap
on mortgage
arrears.

Unlimited cash out to $1 million.
Business or Investment.
Residential & commercial property. Debt consolidation.
No cap on defaults

Construction, refinance or purchase.
Retail or light industrial.
Cash out to $5 million.
Debt consolidation.

No cap on defaults.
Purchase, refinance.
Cash out, Residential only. Purchase or refinance.
Debt consolidation.

A) Rural - 100 acres max @ 55% LVR
B) Rural Residential 200 acres max @ 75% LVR

Residential or Commercial purchase or refinance.
Construction.
Non-coded loans only

Residential or Commercial purchase or refinance.
Non-coded loans only.

Residential-75%
Commercial-70%
70% or 75% of end value or 80% of cost to build.
Max 15 units.
Fixed price building construction.
Registered builders only.

Purchase of an asset -
Residential 80% LVR,
Commercial 70% LVR.
Limited recourse to the property asset only.
No Construction.
No subdivision.
Income producing rural land is acceptable.
Refinance existing SMSF loans

For enquiries outside this snapshot, please contact Vernons Solicitors on 03 9887 4897.

Our funders determine loan rates & fees based on Borrowers risk grade, being a combination of LVR, security location, loan size and past credit history.

Raoul Vernon holds an ASIC Australian Credit licence. No 385071 to take, make and advise on mortgage loans and submit loan applications to lenders and is a member of the Finance Brokers Association of Australia (FBAA).