Personal Investor




General Details
Institution: Professional Lending Corporation
Contact Number: 1300 139 104
Product Name: Premium Low Doc Facility



Product Details
Availability: Primary applicant must be self employed. No income evidence required. Secondary applicants can be PAYG however they must provide evidence of their income. Self employed applicants less than 2 years are acceptable at 70% LVR. One CRAA default of no more than $500 paid at least 6 months prior to the application is acceptable. Other CRAA issues are considered on a case by case basis. Maximum loan size is subject to current product lending criteria. Other products may be available at variable interest rates.
Loan Purpose: Owner Occupied OR Investment
Min Loan Amount (,000): 50
Max Loan Amount (,000 with Morgage Insurance): 3,000
Max Loan Amount (,000 without Morgage Insurance): 3,000
Max Loan to Value Ratio (without Morgage Insurance): 75%
Max Loan to Value Ratio (with Morgage Insurance): 80%
Max Loan Term: 30

Interest Rates
Interest Rate: 8.99



Fees
Application Fee: $0 - $770
Settlement Fee: $0
Other Fee: Application fee Includes one standard valuation and standard mortgage document preparation.



Features
Weekly Repayments:
Fortnightly Repayments:
Monthly Repayments:
Extra Repayments:
Repayment Comments:
Redraw:
Min Redraw Amt: 0
Redraw Comments: $250.00 min redraw;
Portability:
Portability Fee: 0
Split Loan: