Accountants Letter Income Verification

Who is this for?
Uncoded Loans – Business Purposes – Non NCCP Loans

Up to 75% LVR

Rates From:7.5% p.a.

Commercial and Industrial Income Producing

Borrowing Entities:
Companies, Trusts and Individuals

Qualifying Rate Stress:
1.5 times qualification rate at 2% stress

Purchase / Refinance / Consolidation / Equity Takeout
Business or Investment

Servicing Requirements:
Accountant’s Letter(Click here) & 6 months business and personal bank statements & 6 months statements for any other credit facilities

Not Applicable as no trailer income is paid

Credit Impairments:
On a case-by-case basis

Lenders Settlement:
1-1.25% from settlement

Application Fees:


Union Fidelity:

1.1% from settlement.
0.1% of loan amount Processing Fee. (min $990)

Introducing Broker:
1.1% from settlement

Std Commercial From $1 per $1000 in value with no travel

Legal Fees
Std Fees From $650 with no existing mortgage