Low-Doc 80 Home Loans
	Current at		8 September 2006
	Who is this loan for?		Self-employed borrowers with at least 2 years of trading history, who do not wish to provide full income verification.
	Security Required		First registered mortgage over residential dwelling or vacant residential land.
			Variable Rate	Capped Variable Rate	Fixed Rate
	Rate option (see website for details)		E	$+	Ï
	Capped/Fixed Period			1 to 5 years	1 to 5 years
	Uses
	Purchase		˜	˜	˜
	Refinance		˜	˜	˜
	Investment		˜	˜	˜
	Debt consolidation		˜	˜	˜
	Other investments		˜	˜	˜
	Business purposes		˜	˜	˜
	Construction		š	š	š
	Property Types
	Residential property		˜	˜	˜
	Residential land		˜	˜	˜
	Commercial Property		š	š	š
	Multiple security properties allowed	#	˜	˜	˜
	Maximum Loan-to-Value Ratio (LVR)
	Residential property - owner occupied		80%	80%	80%
	Residential property - investment		80%	80%	80%
	Residential land		80%	80%	80%
	Loan Size
	Minimum per security		$20,000	$20,000	$20,000
	Maximum per security		$1,000,000	$1,000,000	$1,000,000
	Maximum loan		$2,000,000	$2,000,000	$2,000,000
	Maximum Loan Term
	Term including fixed, capped or interest-only periods		30 years	30 years	30 years
	Interest Rate Options
	Principal and Interest		˜	˜	˜
	Interest-Only for up to 5 Years		˜	˜	˜
	Extra repayments	¯
	Free		˜	ž	ž
	Unlimited		˜	ž	ž
	Redraws	¯
	Free		˜	ž	ž
	Unlimited		˜	ž	ž
	Minimum redraw amount		$500	$500	$500
	Loan switching (between rate types)	¯	˜	ž	ž
	Loan splitting (between rate types)	¯
	Free		˜	ž	ž
	Max. number of accounts		4	4	4
	Portability of security properties	#	ž	ž	ž
	Repayment methods
	Electronic direct debit		˜	˜	˜
	B-Pay (fees apply)		˜	˜	˜
	Fees and Charges
	One-off Application Fee		$800	$800	$800
	One standard valuation included		˜	˜	˜
	One standard legal documentation included		˜	˜	˜
	Ongoing fees and charges		Nil	Nil	Nil
	Discharge Fee (full and partial)		$300	$300	$300
	Mortgage Insurance		Once-only premium payable by the borrower on all Low-Doc loans
	Can mortgage insurance be capitalised?		˜	˜	˜
	Early Repayment
	Deferred Estabishment Fee for early repayment		˜	˜	˜
	Early repayment period		5 years	5 years	5 years
	Notes:
	¯
	#