Getting a Loan?
- What happens if one of you is PAYG and the other Self Employed?
- Which option is better for you?
- Which option would suit both income scenarios?
- Are there defaults?
- Other debts?
- What if the valuation returns comes in higher or lower than anticipated?
HOME LOANS
Let me take the headaches out of getting the right home loan for your circumstances.
PERSONAL LOANS
No two loans are alike – We look at all the positive aspects of your loan application before we recommend a borrower to suit you.
CAR LOANS
Car loans are handy when you need a new car and don’t have enough cash to buy it outright.
BUSINESS LOANS
Take the guess work out of your research, and use our free online calculators, no opt-in required!
Here at Orica Financial Services, we are different from other brokers because we look at every positive aspect of your loan application before we make a recommendation on how you should move forward with your loan application.
There is no need to guess, call as at Orica today and we will help you with your loan application.
**Save time and money**
Loans are simple right?
1. You submit your details to a lender
2. You cross your fingers that a product fits your needs
3. You make a formal application and you’re done…
Except it’s never that simple, is it?
Low Fixed Rates
(Credit Suite – Comparison 4.56%
Interest Rate from 4.39%)
Unlimited Cash Out Alt Doc*
No Risk Fee up to 70% LVR
Two out of: BAS, Trading Statement
or Accountants Letter
We work out a plan to suit you!
The Ultimate Alt Doc
Same Rate for O/O & INV
Comp. Rate 5.18% From 4.94%
Suitable for self-employed borrowers
that are looking for a flexible low rate product.
With an Alt Doc rate that has
no contenders & NO LMI to 70% LVR;
there’s a reason we call it
The Ultimate Alt Doc Loan!
INV purchases up to 95% LVR
I/O Up to 10 Yrs Available
Overseas borrower options
Multiple Servicing Calculators
We’ve approved loans that others have declined!
There is an endless list of variables that could
(and often do) change during the application process;
turning a simple loan into a complicated scenario.
Yes We Can Help You With Non-Conforming Loans
Lending Special
Ran out of money part way through a construction
Finance Scenario – Incomplete Construction (land value only)
The borrower could be a Self-employed traddie who did not have up to date tax returns but had a clear credit file.
He commenced building a house with the proceeds of sale of another house, not realising that he would be unable to obtain finance with an incomplete residence as security.
He was able to secure an advance of 75% of unencumbered land value as a cash-out to complete construction.
This could then be refinanced into a standard home loan.
Please note that lending policy, fees & charges applyCredit Impaired Loans
Good for getting you out of trouble, consolidating debt and lowering your monthly repayments
Unlimited arrears & defaults
Tax returns and full income disclosure
Borrowing up to 80% of the value of the residential property
Rates from 6.60% to 8.60% interest rate
Please note that lending policy, fees & charges apply
Can Orica Financial Services Help You Today?
We think so…
Orica Financial Services can help you with:
Purchase or refinance
First home owners
Owner occupied and investment properties
Vacant land
Cash out for:
For personal use
For business purposes Debt consolidation
Consolidate unlimited number of debts
Payout of ATO debt
Pay out private or solicitor debts
Clients with:
Past defaults (paid or unpaid)
Part IX or X debt agreements
Discharged bankrupt (one day)
Mortgage arrears
Late payments on credit / mortgages
Refused credit from their bank or another lender
Clients welcome who are:
Newly employed
Newly self-employed (12 months ABN accepted)
Tax returns not completed (alternative income documentation accepted)
Failed to meet Lenders Mortgage Insurance requirements
Have ‘non genuine savings’
No credit scoring
No third party mortgage insurance approval required
Manual assessment of each application
Types of income considered:
PAYG income
Self Employed Income
Full time / part time / casual / second job
80% rental income
Family payments – Part A and B
Child support
Centrelink income
Pension
Workers compensation
NB: Lending criteria, assessment, terms & conditions applies