No Doc Loans 65
No Doc 65 Investment Loan
This a true No Doc loan with no income declaration
The loan has the following features:-
Up to 65% of property valuation
Company applicants only
Clean Credit Only
Fixed 1 year at 9.4%
reverts to variable rate currently at 10.15%
Valuation
Legals
Acceptance Fee 1.1%
No accountants letter
No Application fee
No trading statements
No Lenders Mortgage Insurance
Early Payout* is
Years 1-4, 4 months interest
Yr 5, 2 months
Yr 6, 1 month
Yr 7, 1 month
*Early payout is where 25% or more of the loan is paid out.
Term loan, normally 25 years
Please fill out the application form, except for income which is to be left blank.
NB. With the rapidly changing credit environment think carefully before considering any short term No Doc Loans of either 1 or 2 years. This is a true term No Doc loan. It does not have an income declaration. It does not have annual reviews. It is a 25 Year Set and Forget loan.
* Lenders have fees and charges. Terms and conditions apply. All applications subject to lenders’ credit criteria.