This loan is designed for salaried or self employed people and is available for the purpose of financing personal, business, investment or debt consolidation needs. With this loan you can:
- Borrow from $50,000 up to $2.5 million, for a period of 10 to 30 years
- Obtain up to 90% Loan to Value Ratio with paying the Lenders Mortgage Insurance premium
- Chose from a variable interest rate or a fixed rate for 3 years
- Repay your loan monthly, fortnightly or weekly including by direct debit
- Step down to a lower variable rate from the 3rd anniversary of settlement provided you have no arrears on your loan and have not missed any repayments
- Chose a Line of Credit facility, including phone or internet, ATM and EFTPOS Access and monthly statements. This loan is ideal for people with a clear or bad credit history who:
- May need to borrow more money than the limits imposed by tradition lenders
- Have an inconsistent or inadequate savings history
- Have an unusual deposit, such as a gift.
With this loan you will need to provide proof of income in the form of pay slips, letter from your employer, group certificates, tax returns or, if applicable Centrelink letters or superannuation investments statements.
Loan Saver Network will look at your individual situation and provide clear advice, guidance and assistance to help you move forward and where possible obtain the funds you need to get your life back on track. A debt consolidation loan can help you achieve a more sustainable financial future.