Credit Impaired B
| paramount application form |  |
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download product sheet
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Product
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75% Residential Lo Doc |
Paramount Credit Repair Lo Doc |
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Type
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Private
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Private
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Term & Interest rate
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9.60% - 9.70% Up to 30 Years
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From 12.35%-13.35%
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Commission
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0.5 Upfront Nil Trail
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.5% up front Nil trail
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Application fee
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2%
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$995
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P & I or interest only
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P/I and I/O
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I/O
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Repayment
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Fortnightly/Monthly
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Monthly
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Max LVR
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75% Self employment 2 years ABN min 12 months
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75%
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Security
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Residential
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Residential
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Tax returns
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Self certify income & accountants letter required for lo doc
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No
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Loan amounts
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Up to $1M
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$50K - $1.5M dependant on lvr
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Clawback
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No
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No
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Other fees
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Legal and Valuation
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Legal, Valuation & Risk fee 2.75%
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ERF
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Non-code Y1-Y5 $1325 + 3 months int
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No
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Loan purpose
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Code and Non-code
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Non-Code/Code
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Special conditions
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One paid or unpaid default under $5K, Up to 2 telco/utility defaults under $2K ignored. Defaults paid over 2 years ago and under $5K ignored. |
Accountant letter and 6 months business trading account statements |