Housing Loan Full Doc Clear Residential 80% Housing Loan - Full Doc Clear Residential 80% <$1M
4.69%p.a Standard Variable
About La Trobe Financial
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 80% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Equity, Investment, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 1 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
- Not Required
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Credit Card
- Internet Banking
- Telephone Banking
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 5 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
- Ongoing Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Interest Only loading 0.40%. Interest only is not available for owner-occupied purchase loans <$1.25m. Quoted rate applies to Residential purchase, Refinance ,Debt Consolidation & Cash out for Clear risk grade with LVR up to 80%. Rate will vary for various LVRs, Credit Repair & risk grades. For NCC Regulated Loans Exit Fee: Discharge settlement fee/s totalling $915 excluding Solicitor costs will be charged upon exit as disclosed in the Loan Offer. For Non-Regulated loans fee is $1845 exc. Solicitors cost. La Trobe Full Doc Residential products are available for a variety of purposes: - Purchase (owner occupied or investment) - Refinance (Debt consolidation, personal or business purposes) - Credit Repair All Full Doc loans have fully flexible features (including a free redraw facility) that cater for all clients needs on either an interest only or principal and interest basis. Purchase loans are available for owner occupied or investment; Refinance loans are available for multiple purposes, including Cash out; and our Credit Repair product caters for those borrowers who require an individual assessment because of their past credit history. Min ABN Registration period of 12 months required. Income verification: Last 2 pay slips and employment reference or Last 2 years financials.
LMI not applicable. Maximum LVR 80% Max number of properties on one title is 4 with LVR limited to 65%.
Application fee Deducted at settlement: 0.75% 1.50% of loan amount (min $980). Valuation Fee payable at cost. Minimum resi-security $330.00 to cover the cost of independent sworn valuation of proposed security property for purposes of Mortgagee only. Solicitors Cost: Disbursements to be paid on top of quoted fee. Title Insurance Fee: At cost