Why Debt Consolidation
How Does It Work
Debt Consolidation in Australia
Debt Consolidation Loans
Part 9 Arrangement
Part 10 Arrangement
How To Get Out of Debt
Should
You Avoid Debt
How To Reduce Credit Card Debt
Bad Credit Debt Consolidation
Informal
Arrangement
What are Arrears
What are Defaults
What is Debt Agreement
Alternatives to Bankruptcy
Debt Relief
Check
Your Credit Rating
Mortgage
Refinance Bad Credit
Information Centre:
Borrowers
Guide
Home
Loan Types
Home
Loans Australia
Real
Estate Resources
Mortgage
Articles
Debt
Consolidation Articles
Mortgage
News
Website
Help
Internet
Partners

: Homepage >> Home Loan Products >> Webdeal Low Doc Home Loan
Webdeal Low Doc Loan was developed for applicants who are Self-Employed or do
not have up to date financials. You may be someone who has financials but would
simply like to protect your privacy – we welcome your inquiry!
Webdeal Home Loans are strong believers in helping those who help themselves. If
you have seen some success in your business but would like to keep your
financials confidential, we have your loan. All you need to do is sign a low doc
income declaration form, and complete our application form. No Tax Returns or
Group Certificates will be required with this product.
This is a fully featured Low Doc loan which includes unlimited free redraws,
salary crediting and flexible repayment options or a Low Doc All-in-One with
access to a nil-interest Visa card for your everyday banking and convenient
all-in-one banking to simplify managing your finances.
This is the loan for you if you are:
| Loan amounts | Minimum Loan of $50,000. Maximum loan of $1,500,000 (more with special approval.) |
| Interest rate type | Variable rate only |
| Loan Term | 10 to 30 years. |
| Repayment type | Interest Only Up to 5 years with monthly repayments. |
| Combination and splits | Can split up to 4 accounts (will consider more) or combine with other Lo-Doc loan.. |
| Repayment options | Direct Debit or Salary Crediting
(monthly or fortnightly). Internet or telephone Transfers from pre-nominated account for additional repayments. |
| Additional repayments | Unlimited . |
| Redraw facility | Chequebook with no minimum redraws via Internet or telephone banking to pre-nominated account . |
| Withdrawals | Chequebook and Internet or telephone transfers from pre-nominated account for additional repayments. |
| Salary crediting | Yes |
| Switching Loans | Can switch to ‘non’ Lo-Doc products by applying with full income verification, $125 fee applies. |
| Frequency of Statements | Quarterly for Lo-Doc loan or Monthly on both Lo-Doc All In One |
| Deferred Establishment Fee | During year 1
1.00% of original loan amount During year 2 0.80% During year 3 0.60% During year 4 0.40% During year 5 0.20% Year 6 onward 0.00% |
| Other Fees | Settlement fee $595. No account keeping or on-going fees. Lo-Doc All-in-One, $1.50 for over the counter deposits and $1.50 for cheques used in excess of 5 per month. $1.50 for more than 10 withdrawals per month from All In One account (NIVA unlimited). Any ATM withdrawals overseas incur a fee of $3.70 per transaction. |
| Substitution | Can substitute security within loan limit. |
Webdeal Home Loan Products
Super
Rate Advantage
Rate
Advantage
All-In-One Home Loan
Home Equity Loan
100% Home Loan
Fixed Rate Home Loan
Construction Home Loan
Low Doc Home Loan
Fees
Apply Now | Mortgage Refinance | Debt Consolidation | Property Investment | Bad Credit Finance | Bad Credit Loans | Bad Credit Mortgages | Mortgage Blog | Credit Cards | Realestate News
|
Copyright 2002 - 2010 ©
|