Residential B
| paramount application form |  |
|
download product sheet
|
 |
 |
|
Product
|
80% Residential Lo Doc No BAS & No Trading Statements |
66% Paramount Jumbo Residential |
|
Type
|
Private
|
Private
|
|
Term & Interest rate
|
7.43% Up to 30 Years
|
From 9.5%-11.5%
|
|
Commission
|
0.70 – 1.2% Up front Nil Trail
|
1% up front 0.25% Trail
|
|
Application fee
|
1-2% + $395.00
|
2%
|
|
P & I or interest only
|
P/I and I/O
|
12 months – 5 Years
|
|
Repayment
|
Weekly/Fortnightly/Monthly
|
Monthly
|
|
Max LVR
|
80%
|
66%
|
|
Security
|
Residential, Rural/ Residential
|
Commercial, Industial & Residential
|
|
Tax returns
|
Income declaration and accountant letter or 12 months BAS statements
|
No
|
|
Loan amounts
|
$25k - 1.5M up to 60% LVR or $1M up to 80% LVR
|
$100K - $5M
|
|
Clawback
|
No
|
No
|
|
Other fees
|
Valuation $200.00 (additional $220.00) & legal $275.00
|
Legal and Valuation
|
|
ERF
|
No
|
One months interest after 6 months
|
|
Loan purpose
|
Code and Non-Code
|
Non-Code
|
|
Special conditions
|
Min loan amount 150K at 7.43%. Loans |
NSW, QLD & VIC Metro |