PRODUCTS

WELL NIGH

WELL NIGH

 Rate Money offers this solution on behalf of our funding partner Well Nigh

  • Loan sizes up to $3,500,000
  • Maximum exposure: $5,000,000
  • Max LVR 95% inclusive LMI
  • Servicing – 80% rental income used (70% for commercial), 80% of commission (lowest of last 2 years), 80% overtime used (100% for essential services), 80% of commission (lowest of last 2 years)
  • Paid defaults up to 2 defaults ≤$1000 acceptable, must be paid 6 months prior to application.
  • 100% offset available (excluding construction)
  • Up to 80% LVR cash out for personal or investment use.
  • Unlimited online redraws
  • No application fee
  • Vacant Land available
  • Serviced & Student apartments available to 60% (min 50 m²)
  • Off-the-plan purchases available

Please feel free to call us on 1300 936 668 for more information on the Well Nigh product.

 

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