All Topics / Finance / low doc loans

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  • Profile photo of demayndemayn
    Member
    @demayn
    Join Date: 2003
    Post Count: 5

    i’m looking to refiance my existing morgages over commercial properties with low doc loans.The best deal i can find at the moment is 7.95% on a 60% lend,interest only for 3yrs.i am trying to find a 70 < 90% lend on low doc loan of around $650,000.If anybody nows of a good institution to support this could u let me no please.
    Thanx
    Reddog.

    Profile photo of Stuart WemyssStuart Wemyss
    Member
    @stuart-wemyss
    Join Date: 2003
    Post Count: 598

    Get in touch with:

    http://www.mortgage-mart.com.au (they do lots of low docs – not sure able commercial) and/or
    http://www.balmainnb.com.au/index2.php

    They should be able to assist.

    Cheers

    Stu

    Profile photo of cam245cam245
    Participant
    @cam245
    Join Date: 2004
    Post Count: 9

    Demayn

    I have just done a refinance with Mortgage Mart above via my broker.
    Loan is NO Doc, yes NO doc.
    Borrow up to 65% LVR
    7.09% for first 2 years there after reducing to 6.69%. Interest only for first 10 years thereafter reverting to P&I.
    up to 5 splits, no fees or charges, redraw facility.
    You will need to supply 12 mths current lenders bank statements. 100 points ID, rates notice. Unblemished credit record.
    Ring them and ask for the broker in your area.
    Email me if you want and I will give you the name of mine I am in Sydney.

    Profile photo of debtdoggdebtdogg
    Member
    @debtdogg
    Join Date: 2004
    Post Count: 136

    How about Lo Doc loans over 60% LVR.? I know some do up to 80% with mortgage insurance and that really hurts when you start talking about loans of $400,000.00

    Anyone know of any institutions doing 80 and upwards on a lo doc lend without LMI?

    markk
    Happy Hunting
    http://www.kentscollections.com

Viewing 4 posts - 1 through 4 (of 4 total)

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