All types

 Location & Acceptable
 Securities

Major and well regarded rural areas
Dairy farms, beef / cattle or sheep, grazing, mixed cropping - other on application

 Income: required proofs

Full Doc
2 years Tax Returns and Assessment Notices

Lite Doc
1) Borrowers income declaration
2) Accountants letter
3) Need to demonstrate you can service overall debt position  (ie by PAYG Certificate; BAS statements etc etc)

No Doc
Asset Lend

Loan amounts

 Full Doc from $100,000 > 10 million
 Low Doc from $100,000 >  3 million
 No Doc from $100,000 > $2 million

Purpose

Purchase, refinance, debt consolidation, working capital and farm improvements, Family Farm Transfers, Purchase additional water rights

LVR

• Full Doc Loans up to *65% LVR (up to 70% with 1st stock Mortgage provided)

 * Irrigated farm or Acceptable Average rainfall above 585 mm per annum according to the medium rainfall for the district as recorded by the Bureau of Meteorology.

• Lite Doc > 60% LVR
• No Doc Loans up to 60% LVR  (Asset Based Valuation - Land and buildings only and only buildings that are not industry specific - no plantings or crops)

Coded, non-coded, or either

Non coded

Credit related issues

Considered at higher rates

Variable, fixed or both

Both

P&I, I/O, or both

Both 

Loan Term

Full Doc > 15 years
Lite Doc > 15 years
No Doc > 1 - 5 years
 

Acceptance Fee

From 0.5 to1% of loan (depending on lender)

Application Fee

1% of Loan 

Mortgage Insurance

No Mortgage Insurance Payable

Lenders Legals

At Cost

Valuations

At Cost