Onyx Leverage Loan
Full Doc & Lo Doc available
The Onyx Leverage Loan is designed for situations where your contract price is lower than the market valuation. This may be where you have an off-the-plan purchase or where you have been able to negotiate a favourable purchase price.
This loan gives you increased leverage - you spend less of your money to secure your property. In some cases you may even be able to obtain a loan for more than 100% of the contract price.
The graph shows the difference between a standard loan and the Onyx Leverage Loan when you are borrowing at 80% LVR. Higher loan percentages are available.
Some postcode restrictions apply, and some conditions may vary depending upon the time between contract signing and settelement, so please check with your Onyx Advisor.
The Leverage Loan is also highly competitive with conventional
loans in every other way. In features, in competitive
interest rates, and there are no on-going account keeping
fees.
Please click here to discuss the details about our full doc and lo doc products
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