Collins Securities
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Product detail
Product: Collins Low Doc 60
Description: The Low Doc 60 can be used for up to 50% business purposes, construction, investment and is suitable for both self employed and PAYG applications. The Rate Reverter comes with an optional debit card, has full online account management, can be split up to 3 times, can be fixed and all of this with no ongoing fees.
 
Rate MCR Revert Rate Yrs to Revert Initial Rate Ongoing Fees Additional Payments Redraw Option Fixed Option
7.75% 7.77% 7.40% 2 $595 No Yes Yes Yes
  *rates last updated 10/7/2010
Features:
  • Loan amounts from $50,000 to $1,000,000
  • Maximum LVR to 60%
  • No mortgage insurance
  • Suitable for PAYG and self employed
  • Full online account management
  • EFTpost & ATM access via optional debit card
  • Can be split 3 ways
  • Weekly, fortnighty or monthly repayments
  • Additional repayments ok
  • Can fix up to 5 years
  • Additional payments of $10,000 pa during fixed term ok
  • Automatic reversion to standard variable rate after 2 years - NO FEES
  • No ongoing fees
  • Fully portable
Phone: 1800 COLLINS
  Loan enquiries