Low Doc Home Loan - RAMS - 5 yr fixed SE Pro Pack 2

Comparison Rate	6.59%
Amount	$200,000
Term	30 years
Initial Payment Est.	$1,417.65
Monthly Payment Est.	$1,162.53
Total Amount Paid Est.	$443,575
Establishment Fee	$595.00

7.64%

Target Market
Savvy customers eligible for professional pricing/Self employed who want a flexible fixed rate Low Doc loan. ,
Business purpose loans, loan amount and LVR restrictions apply refer separate guidelines.

Acceptable Income
Self employed minimum of 2 years; must complete the A&L statement and signed self certification. ,
Mortgage Insured Self Employed minimum > 60% LVR two (2) years in same business <= 60% LVR one (1) year in same business. ,
Non Mortgage Insurance Self Employed minimum <= 60% LVR one (1) year in same business. ,
ABN registration for all Self employed applications. ,
GST Registration ,
No Min GST but if registration is in proximity or as result of loan application satisfactory explanation required Not required if declared Business income is < $75K. ,
If declared Income is > $75K and No ABN or GST Registration, then confirmation letter from Applicant’s accountant is required in regards to why GST registration is not applicable. ,
All Low Doc Applications: must be supported by Business Activity Statements (BAS) for the past 12 months and ATO Lodgement Reference Number And last 3 months accounting statements evidencing payment of tax as advised on the BAS.

Home Loan Loan Term
1, 2, 3, 4, 5 and 10 yr fixed term.

Home Loan Loan Size
Fixed Rate SE Pro Pack 1 = Minimum $250K. ,
Fixed Rate SE Pro Pack 2 = Minimum $500K. ,
Maximum Loan: ,
Fixed Rate SE Pro Pack 1: $499,999 ,
Fixed Rate SE Pro Pack 2: LVR<=60% $1.5m / LVR>60%<=80% $1m

Home Loan Repayment Type
Fixed 1 to 5 & 10 year ,
Principal and Interest & Interest Only term 1 - 5 years & 10 yrs (NB. 10 yrs IO for Investment purpose only & IO can not be less that fixed term)

Repayment Options
Weekly, fortnightly or monthly. ,
Available as an interest only or principal and interest option. ,
Available for accelerated payments.

Extra Repayments
Extra Repayments may be made at any time up to $25,000 in total during the fixed rate period. No minimum.

Split Loan Facility
Available at anytime minimum of $50k.

Offset
Not available.

Redraw Facility
Redraw $10 Fee. Minimum redraw amount $1000.

LVR for Low Doc Home Loan - RAMS - 5 yr fixed SE Pro Pack 2

Owner Occupied Max LVR 80% Investment ,
Maximum LVR 80% ,
Construction Maximum LVR 80% ,
Refinance LVR 80%. ,
Land Max LVR 80% ,
Refinance Max LVR 80% ,
Debt Consolidation LVR 80%

Fees for Low Doc Home Loan - RAMS - 5 yr fixed SE Pro Pack 2

Application Fee $395. ,
Valuation Fee $200. ,
Discharge Fee $295 plus legals. ,
Loan Settlement Fee $300 (shown as Mortgage Prep Fee). ,
Account Servicing Fee (displayed as Annual Fee): Single Pro Pack loan $300 p.a. / 2-4 Pro Pack loans $150 p.a. per loan / 5+ Pro pack loans $100 p.a. per loan ,
Redraw Fee $10 ,
Early payout: Years 1-3: 1% of the original loan amount. Plus Break costs for fixed period ,
Fixed Rate Lock-in Fee = 0.15% of credit limit available at application