Loanpal Flex Income Verification
-
1 year of business and personal tax returns
Financial statements
Plus one of the following:
Option A: Most recent year's financials + Accountant’s letter
Option B: Previous year's financials + Notice of Assessment (NOA)
-
Declaration of financial position plus one of the following:
i) Accountants Letter
ii) 6-months BAS
iii) 6-month bank statements
iv) ATO portal
-
2 payslips plus one of:
i) Income statement
ii) Employment letter
iii) 1 month bank statement
Fee & Charges
-
Establishment Fee: $990
Includes valuation costs of up to $440
Please Note:
If the valuation cost exceeds $440, any additional amount will be advised and payable before proceeding.
Valuation fees are non-refundable once the valuation has been ordered.
-
Solicitor Documentation Fee $385 or At-Cost
Annual Fee $180 Payable at Settlement & annually Thereafter
Settlement Fee $275 Payable at Settlement
Escalation Fee $350 Payable at Settlement
AVM Product Fee $49 Payable at Settlement
-
Product Discharge Fee from $695 Payable at Discharge
Processing Fee from $330
Loanpal First
Borrower Rate From:
6.49% p.a.
Product Features:
Max Loan Amount: $2,000,000
LVR: 80%
Max Loan Term: 30 years
Max IO Term: 5 years
Negative Credit Reporting
Eligible Borrowers:
Individuals
Company
Trust
Australian Temporary Visas with a primary borrower being an Australian permanent resident or citizen
(subject to acceptable VISA class)
Temporary visa holders are not eligible as sole applicants.
Acceptable Visa Class
| Category | Temporary Visa |
|---|---|
| Skilled & Employer | Subclass 482 – Temporary Skill Shortage (TSS) |
| Skilled & Employer | Subclass 491 – Skilled Work Regional (Provisional) |
| Skilled & Employer | Subclass 494 – Skilled Employer Sponsored Regional (Provisional) |
| Skilled & Employer | Subclass 485 – Temporary Graduate |
| Skilled & Employer | Subclass 476 – Skilled Recognised Graduate |
| Family & Partner | Subclass 300 – Prospective Marriage |
| Family & Partner | Subclass 309 – Partner (Provisional, offshore) |
| Family & Partner | Subclass 820 – Partner (Temporary, onshore) |
| Family & Partner | Subclass 884 – Contributory Aged Parent (Temporary) |
| Business & Investment | Subclass 188 – Business Innovation & Investment (Provisional) |
| Special & Regional | Subclass 444 – Special Category (NZ Citizens) |
| Special & Regional | Subclass 408 – Temporary Activity |
| Closed/Replaced | Subclass 160–165 – Business Skills (Provisional) |
| Closed/Replaced | Subclass 457 – Temporary Work (Skilled) |
| Closed/Replaced | Subclass 487 – Skilled Regional Sponsored |
Security Location Guide
| State | Metro Postcodes | Non-Metro Postcodes |
|---|---|---|
| ACT | 2600–2617 2900–2920 |
0200–0799 |
| NSW |
1000–1920 2000–2005 2006–2308 2500–2534 2555–2574 2745–2786 |
1921–1999 2309–2499 2535–2554 2575–2599 2618–2744 2787–2899 2921–2999 |
| VIC |
3000–3010 3011–3232 3235 3240–3241 3321 3328–3340 3427–3441 3750–3815 3910–3920 3926–3944 3972–3978 3980–3983 |
3233–3234 3236–3239 3242–3320 3322–3327 3341–3426 3442–3749 3816–3909 3921–3925 3945–3971 3979 3984–3999 |
| QLD |
4000–4004 4005–4228 4270–4313 4340–4342 4346 4500–4575 |
4229–4269 4314–4339 4343–4345 4347–4499 4576–4999 |
| SA |
5000–5005 5006–5199 5800–5999 |
5200–5799 |
| WA |
6000–6004 6005–6214 6800–6999 |
6215–6799 |
| TAS |
7000–7003 7004–7199 7800–7899 |
7200–7799 7900–7999 |
| NT |
0800–0820 0828–0832 |
0821–0827 0833–0999 |
