Lending Snapshot

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).

 LOW DOCFULL DOC / LEASE DOCCASH OUT / EQUITY ACCESSCOMMERCIAL / LEASE DOCCREDIT REPAIRA) RURAL
B) RURAL RESIDENTIAL
SOLICITOR FUNDS / PRIVATE MONEY2ND MORTGAGECONSTRUCTION / PRIVATE MONEYSMSF
Max LVR:80% or 85%95%95%70%80%A) 75%
B) 55%
66% to 75%80%75%80%
Rate (from):3.99% IO or P&I VAR2.99% IO or P&I
VAR
2.99% IO or
P&I VAR
5.99% IO6.99%A) 5.99% P&I
B) 8.99% IO
6% IO Fixed12% IO Fixed6.5% IO
Interest may be capitalised
No presales required
5.99 % Residential or Commercial
IO Fixed or VAR
Term:30 years30 years30 years5 years30 yearsA) 30 years
B) 5 years
6 months to 3 years6 months to 2 years3 years30 years
Serviceability:Self employed.
ABN Required.
No LMI to $1.2 million @ 80% LVR
LMI above 80%Full Doc or Low DocLow DocFull Doc or Low DocFull Doc or Low Doc availableNot applicableNot applicableNo Doc or Low DocFull Doc or Low Doc.
Regulated or non-Regulated.
Max Loan:$1.5 million to 80% LVR
$2.5 million to 75% LVR
$10 million at 65% LVR
$1.2 million to 80% LVR
$2.5 million to 75% LVR
$10 million at 65% LVR
$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR
$10 million at 70% LVR$1.2 million to 80% LVR
$2.5 million to 75% LVR
$5 million at 65% LVR
A) $1.5 million
B) $5 million
$15 million
Higher amounts on request
$3 millionUp to $30 million @ 75% LVR for development.
Higher amounts on request
$1.2 million to 80% LVR
$2 million to 70% LVR
$10 million to 65% LVR
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 @ 5.99% at 65% LVR. Max $5 million
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.
Non-Resident 5.99% at 65% LVR. Max $5 million
No cap on defaults.
Purchase, refinance.
Cash out, Residential only. Purchase or refinance.
Debt consolidation.
A) Rural
B) Rural Residential & Commercial
Residential or Commercial purchase or refinance.
Construction.
Non-coded loans only
Residential or Commercial purchase or refinance.
Non-coded loans only.
Residential-75%
Commercial-75% of end value or 80% of cost to build.
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.