Just what finance companies promote zero doc loans
All four of major banking institutions and several of big lenders around australia not any longer bring no doctor mortgage brokers.
Lenders which can help try less, specialized non-banking institutions that normally charges increased rate of interest than simply a minimal doctor mortgage which have a popular financial.
Even better, Loan providers Home loan Insurance (LMI) isn’t readily available, so these businesses constantly costs a 1% so you’re able to 2% application percentage to fund its chance also processing can cost you. Continuer la lecture de « Do i need to get an exclusive no doctor financing? »