Personal Investor




General Details
Institution: Morgan Brooks DIRECT
Contact Number: 1800 801 999
Product Name: Low Doc Non Conforming



Product Details
Availability: Credit impaired, Self employed borrowers 2 + years who cannot provide up to date financials
Loan Purpose: Owner Occupied OR Investment
Min Loan Amount (,000): 50
Max Loan Amount (,000 with Morgage Insurance):
Max Loan Amount (,000 without Morgage Insurance): 3000
Max Loan to Value Ratio (without Morgage Insurance): 90
Max Loan to Value Ratio (with Morgage Insurance):
Max Loan Term: 30

Interest Rates
Interest Rate: 9.50%



Fees
Application Fee:
Settlement Fee: 750
Other Fee: Credit Risk Fee 1% of loan amount



Features
Weekly Repayments:
Fortnightly Repayments:
Monthly Repayments:
Extra Repayments:
Repayment Comments: Free extra repayments
Redraw:
Min Redraw Amt: 50
Redraw Comments:
Portability:
Portability Fee:
Split Loan: