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LOW DOC P.A.Y.G. LOAN


This product is designed to meet the needs of those borrowers that are PAYG, but also earn unsubstantiated additional income related to their primary job. For example a teacher earning additional cash tutoring students or a tradesperson providing services in their own time.


Applicant type

Individuals ONLY

Employment requirements

P.A.Y.G. Full-Time, Part-Time. If casual, then one year.

Income: required proofs

Self-Certified

Loan amounts minimum & maximum

Min $50k to Max $1.5 mil

Purpose

Owner-Occupied, or Investment

LVR

90% to $500k metro. 80% to 750k. 75% to $1 mil $65% to $1.5 mil

Coded, non-coded, or either

Either

Credit related issues

If $2k to $18k, then unpaid defaults, judgements may be o.k. Even unlimited but very special circumstances

Variable, fixed or both

Variable only

P&I, I/O, or both

Both 

Residency Status

Citizens and permanent residents

Comments, special conditions

 

Approximate  rate

Call us for the best rate

 

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Friday, 22 August 2008