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BMM Taurus Commercial Lo Doc (pdf) BMM Equity Finance Mortgage (pdf) BMM Self Managed Superannuation Fund Loans (SMSF) Commercial Product Comparison (pdf) Residential Product Comparison (pdf) BMM bridging loans allow you to purchase or build a new home before before selling an existing property. Capricorn Short Term Loans (pdf) BMM offer fixed rate options on almost all loan facilities, allowing borrowers to lock in an interest rate for a particular period of time, usually 1-5 years. Fixed rates offer an assurance that repayments will not change for the fixed period. If interest rates rise, the rate will remain the same however, if interest rates drop, a fixed loan will keep the borrower at a higher rate. Indicative fixed rates are available on application but cannot be confirmed until the day of settlement. Inurance can sometimes be looked upon as a dirty word. However, it is one of those things that really can be a great friend when you need it! Certainly, insurances such as Income Protection, Life and Trauma Cover can be the difference between keeping or losing your home in the aftermath of illness or accident. We would be happy to arrange for a competent insurance professional to discuss your needs with you - please don't hesitate to contact us for further information. BMM's NoFin suite loans suit self-employed borrowers unable to provide sufficient financials at the time of application. BMM NoFin suite loans are full of features such as direct salary crediting, unlimited redraw, free splits and no ongoing fees. Repayments can be fixed or variable and may be principal and interest or interest only for up to 10 years. Adelaide Bank 100% LoDoc Offset (pdf) Adelaide Bank LoDoc Home Line (pdf) Adelaide Bank LoDoc Term (pdf) Better Mortgage Matrix - NoFin Suite (pdf) Credit Access Facility Features (pdf) BMM's non-conforming suite loans suit PAYG borrowers or self-employed borrowers, with or without financials who don't meet the requirements of traditional lenders (banks and non-banks). For example, borrowers with adverse credit entries, borrowers with irregular employment patterns such as seasonal or contract work or borrowers requiring high LVR's who are recently self-employed or without adequate savings history. Companies and Trust borrowers are ok in some instances. BMM's non-conforming suite loans are designed to deliver the maximum flexibility at the lowest possible interest rate. Credit Access Specialist (pdf) NoFin Credit Access Specialist (pdf) Premium Specialist Access (pdf) Premium Specialist Access Lite Doc (pdf) Premium Specialist Access Lo Doc (pdf) BMM's Overseas Borrower loans are available to citizens of foreign countries and Australian citizens with offshore income. Overseas borrower�s can take advantage of features such as no monthly account keeping fees; the ability to make additional payments without penalty; touch phone and Internet access 7 days a week and direct credits for salary, rental or dividend income at an ongoing competitive rate. Applicants may be individuals, companies or trusts. In addition to the standard loan parameters, Overseas borrowers must appoint a permanent Australian resident as their Power of Attorney and must also provide verification of FIRB compliance (where necessary). Information on FIRB requirements can be found at www.firb.gov.au Ideal for borrowers over the age of 60 who are looking to improve their lifestyle by accessing the equity in their home. Borrowers can be lent an amount of cash against the agreed value of their home and, unlike other loans, borrowers do not need to make repayments during the life of the loan. BMM's standard suite loans suit PAYG borrowers or self-employed borrowers able to provide two years satisfactory financials. Companies and Trusts are ok. BMM standard suite loans are full of features such as direct salary crediting, unlimited redraw, free splits and no ongoing fees. Repayments can be fixed or variable and may be principal and interest or interest only for up to 10 years. Adelaide Bank 100% Offset Home (pdf) Adelaide Bank Balanced Home Line (pdf) Adelaide Bank Balanced Term (pdf) Better Mortgage Matrix - Standard Suite (pdf) Credit Access Facility Features (pdf) Freedom Recovery 1 Year Fixed (pdf) Vacant Land and Construction Loans |
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