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.