Home Loan Option When Banks Say No
Submitted by administrator on Mon, 01/12/2008 - 3:47pm
Variable Rate Home Loan, no ongoing fees and charges.
Low interest rate & deferred establishment fees
Interest only available on investment & owner occupied
Refinance or debt consolidation/ free redraw
Term 30 years (interest only option -5 years maximum converting to P & I installments over the remaining term of 25 years)
Interest Rate Variable call for rates.
Monthly Service Fee Not applicable.
Upfront Fees Valuation fee only.
Establishment Fee 1.00% of loan amount or $990-00 whichever is the greater.
Redraw Free redraw available.
Additional Repayment Extra payments can be made to pay off the home loan sooner.
Early Exit Fee 3.00% First Year 2.00% Second Year 1.00% Third Year.
Normal Government fees and charges apply.
Solicitors document preparation fees applicable.
Correct as at 15 Nov 2008 subject to change without notice.
Ability Finance have a new lender available on our panel who offers unique home loan solutions for borrowers who may not be able to obtain a home loan elsewhere.
Contact Ability Finance now for further information or email us your details using our online loan application form.
Each application is considered on its individual merit.
This lender specialises in;
- Construction, owner-builder, removal & kit homes and uses on completion value.
- Credit Impaired, the level of impairment not an issue, even currently Bankrupt (as long as bankruptcy is paid out in full at settlement).
- All postcodes and land sizes considered.
- Short term employment (including self employed).
- Day old ABN with cash flows.
- 30 year loans for over 60’s age group.
- Gifted deposits.
- Third party security.
- Centrelink recipients.
- Land only (with intention to build).
- Unpaid council rates.
- Accept rental, child support payment and boarder income.
- 99 year Perpetual leases, even the over 55 retirement villages.
- Credit impaired-no LMI up to 80% LVR.
PRODUCT
Phone Ability Finance on +61 2 8002 4035 and ask to speak with Wes Smith
