More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Pepper.png
Comparison Rate
7.58
Name
Advantage Full Doc Plus 70%-75% LVR
Lender
Pepper Money
Product Name
Flexi Advantage Plus
Product Details
The Pepper Advantage suite is designed for customers who, due to restrictive credit criteria, are unable to meet the lending criteria of banks and mortgage insurers. With Pepper Advantage we assess each borrowers unique circumstances, rather than simply basing our decision on a credit score. Purchase or refinance of owner occupied and investment properties, also includes; unlimited debt consolidation, cash out for acceptable purposes and payment of ATO debts. Minor defaults up to $1,000 accepted. Unlimited defaults > $1,000, registered >12 months (paid or unpaid). Unlimited mortgage arrears (within last 6 months). Unlimited defaults, judgements or writs from 1 credit event <12 months (paid or unpaid). Discharged from bankruptcy (1 day accepted)
Variable Rate
7.11
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
995
Discharge Fees
250
Ongoing Fees
15
Valuation Fees
0
Lenders Legal Fees
440
Lenders Settlement Fees
0
Minimum Loan Amount
50000
Max Loan Amount
750000
Owner Occupied
Y
Investment
Y
Repayment Option
Both
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
Y
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
Y
Professional Pack
N
Minimum Loan Term (years)
10
Max Loan Term (years)
40
Rate Details
Fee Details
Mortgage Risk Fee -1.50% of amount advanced. Title Protection Fee $400. Legal Fees from $440 plus disbursements. Estab Fee includes 1 standard valuation (Approx value $395)
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
MIn manual redraw $1000. Min online redraw $50
Redraw Facility
Y
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Max 3 splits (inc 100% interest offset sub-account)