Lo-Doc Line Of Credit

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	A combination of the Lo-Doc product and the Line of Credit. Refer to Lo-Doc 80 product sheet for further guidelines. > Split Facility Take the Lo-Doc Line of Credit as a sub account within a split loan, which has up to 4 loan accounts allowed. NB. Can only be combined with the Lo-Doc Product. Otherwise it can be a stand alone facility. > Loan Size $50,000 up to $1,000,000 if taken as stand alone. > Purpose Refinance or Purchase, Personal or Investment use. > Term Evergreen.	> Repayments Interest Only based on loan balances. > Statements Free Monthly Statements. > Drawdown Funds available for drawdown can be accessed via the internet or phone banking to a nominated bank account, $50 minimum drawdown and fee free. > Fees No monthly account keeping or monthly fees.

> LVR

	Loan Amount	Max LVR
	$50,000 - $1,000,000	80%

Mortgage insurance payable by the borrower when LVR
exceeds 60%

> Nil Interest Visa Access (NIVA)
With the monthly balance automatically swept across
at the end of each month, the NIVA is ideal to pay
bills, etc while your salary is credited to your loan and
minimising the interest paid!

> Chequebook Access
A cheque is an easy way to access funds available
in the Line of Credit. It's a great alternative for
payment of larger goods and services.

> Pay Anyone
Transfer funds or set up an external direct debit to any
other Australian bank account or to your other loans.

> Direct Debit
Pay your loan by direct debit monthly or fortnightly.

> Direct Salary Crediting
Have your income directly paid into your loan
account and use your linked creditcard, Chequebook
or drawdown facility over the phone or via the internet
to access your money or pay bills.