Smart Money Full Doc
Description
Our Full Doc Home Loan helps people to achieve their dream of home ownership. Suitable for a
wide range of borrowers and for multiple purposes, our Full Doc Home Loan is perfect for those
able to meet our requisite income documentation requirements
Minimum Loan amount $100,000
Maximum Loan amount $2,000,000
Maximum LVR
• 90.01% to 95% for loans up to $800,000 (including capitalised LMI) Owner Occupied Only
• 80.01% to 90% for loans up to $1,000,000 Owner Occupied Only
• 70.01% to 80% for loans up to $1,500,000
• Up to 70% for loans up to $2,000,000
Borrower Type Individuals, Company or Trust
Loan Purpose For owner‐occupied and investment purposes:
• Purchase of an existing residential dwelling
• Home Improvement
• Refinance existing mortgage
• Equity Release/Cash Out.
Loan Term Up to 30‐year term
Lenders Mortgage Insurance Payable by the borrower if LVR is greater than 80% and can be capitalised to loan amount
Income Documentation
(PAYG)
Last 2 pay slips or last one payslip plus one of the following:
• Letter of employment
• Latest group certifcate / PAYG Summary
• Tax assessment notice
Income Documentation
(Self‐Employed)
• Last 2 years tax returns and financial statements
• Last 2 years tax assessment notices
- Release Date
- 2020/12/05