| Product Summary | Easy Residential |
|---|---|
| Security type | Residential |
| Loan Amount | $100,000 to $1,000,000 |
| Maximum LVR | 80% | Loan Term | Up to 30 years |
| Security type | Residential |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| Repayment Method | Direct debit from nominated bank account |
| Redraw Facility | Variable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed. |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Owner Occupied (LVR ≤ 80%) | 3.97% P.A. (PI) |
| Investment (LVR ≤ 80%) | 4.36% P.A. (PI) |
| Documents | |
|---|---|
| Income Documents (PAYG) | Last 2 payslips PLUS |
| Either Letter of employment | |
| Either Latest group certificate / PAYG summary | Either Tax assessment notice |
| Income Documents (Self-Employed) | Last 2 years company tax returns and financial statements |
| Last 2 years individual tax return and tax assessment notice | |
| Credit Approval of 1 year ABN trading (refer to credit) |
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