The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Resource Category: Residential
Discharge Authorities – Residential
The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Calculators – Residential
The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Red – Residential
RedZed are self-employed specialists and the principal sponsor of the Melbourne Storm. They have a friendly Accountant’s Declaration and use common sense with assessment and exit strategies.
Key Features
- Good Vacant Land Rates & LVR’s
- 80% Altdoc – No Risk Fee – 30 year terms.
- Unlimited Cash Out – Form required >$500k
- No Credit Scoring or CCR.
- Diminishing Clawback @ 4.16% per month
- Quick Processing.
- Got a DA? No problem.
- ATO debts OK on SE Prime – unlimited.
- No Early Repayment Fee on Company Loans (resi securities)
- Altdoc & Full Doc SMSF Loans
- No ETF on SMSF Loans (resi or commercial)
- No Clawback on SMSF Loans (resi or commercial)
Purple – Residential
Our Purple range has a maximum 80% LVR and caters for Altdoc, Full Doc and SMSF for residential securities in a wide range of locations across Australia. The $5m AltDoc and 80% Altdoc Construction loan are very popular.
Key Features
- 80% Altdoc Construction, 80% for NDIS.
- No Credit Scoring or CCR.
- No Risk Fee – No Clawbacks.
- Common Sense Assessment.
- ATO debts are not an impairment.
- Council rates arrears are not an impairment.
- Credit impairments including Life events (e.g. lost job, accident, illness, divorce).
- Commission paid on Peak Debt Relocation loans (Bridging)
Ocean – Residential
Our Ocean range has a maximum 80% LVR and caters for Altdoc, Full Doc and SMSF for Residential Securities in Category 1 or 2 locations. These products have the fastest processing times.
Key Features
- 80% LVR – 30 year terms.
- No Risk Fees and No Clawback.
- No monthly or annual fees.
- ATO & Business Debts can be refinanced on Emerald loans.
- Resi securities with DA accepted.
- Quick processing times.
- Commission paid on Peak Debt (Bridging)
Green – Residential
Our Green range has a maximum 90% LVR incl LMI (OO & INV) and caters for clean credit Full Doc Residential loans that meet the Helia lending guidelines. Residential SMSF available to 80% LVR. Altdoc loans are also available to 80%.
Key Features
- Common sense Exit Strategies
- Resi SMSF services inside & outside the fund.
- Extensive Postcode coverage.
- Can use Directors’ salaries only for servicing (conditions apply).
Cabernet – Residential
Cabernet offers a competitive range of full doc loans with variable and fixed rates for owner occupied and investors. The construction and SMSF loans are very popular with the latter offering a 100% Offset facility.
Key Features
- 100% Offset optional – Var or Fixed.
- Full Doc Loans to 90% incl LMI – Non Gen.
- Construction Loans to 90% incl LMI – Var or Fixed
- SMSF to 90% with 100% Offset (optional)
- Security determines the rate – not the purpose.
- Units from 30 sqm (living area).
- Family Trusts or Unit Trusts
- NDIS to 80% LVR (standard & SMSF)
- NAF Option: Avoid annual fees by paying extra 0.10% on loan rate (excl construction & SMSF)
Vacant Land – Residential
The Vacant Land Loan offers you an easy way to purchase or refinance vacant land as the sole security, without the need to build on the land within a specified period.
SMSF Loan – Residential
Self Managed Super Fund loans are available to 80% LVR for both owner-Occupied or Investment commercial properties with terms up to 30 years.