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Homeloans Ultra Lo Doc Line of Credit

The Homeloans Ultra Lo Doc Line of Credit is a fully featured line of credit best suited to borrowers who are self employed and are unable to provide tax returns. 

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Homeloans Ultra Lo Doc Line of Credit features
Loan term 5 - 30 years
Loan purpose
  • Purchase
Borrower type
  • Individuals
  • Companies/ trusts
Deposit requirements Borrow up to 80% of the purchase price
Interest rate options
  • Variable
  • Principal & interest
  • Interest only
Repayment frequency
  • Weekly
  • Fortnightly
  • Monthly
Repayment options
  • Salary
  • BPAY
  • Direct credit
Split product option No
Split rate option No
Redraw Yes, available via phone and internet banking, cheque, ATM, EFTPOS, direct credit
Additional repayments Yes
Internet and phone banking Yes
Loan portability Yes
Ongoing fees No

All applications are subject to normal lending criteria, fees and charges may apply.

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