Loanpal First Key Features

  • Borrower Rate from 5.74% p.a.

  • Domestic Borrowers: Individuals (PAYG/Self-employed); Company or Trusts

  • Max Loan Amount: $2,000,000

  • LVR: 85% up to $1,000,000 (LMI Capitalised); LVR to 80% up to $2,000,000

  • Max Loan Term: 30 years, Interest Only up to 5 years

  • Minimum Income Documentation: 2 Payslips (Within 60 Days) or Director Wages (Can be Accepted as PAYG Income)

  • Negative Credit Reporting

  • Alt Doc Option Available

  • SMSF Product Available

  • AVM Valuation Acceptable

Income Verification

  • 2 Payslips (Within 60 Days) or Any 2 of the Following:

    *1 Payslip (Within 60 Days)

    *Employment Letter

    *Income Statement (Most Recent)

  • *Tax Returns and Financial Statements

    + Notice of Assessments (Recent 2 Years)

    *or Director Wages (Can be Accepted as PAYG Income)