The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Resource Category: Residential
Covid Updates – Residential
The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Accreditation – Residential
Standard Requirements for Accreditation include:
- Industry Membership (MFAA | FBAA)
- AFCA Certificate / Proof of Payment
- Australian Credit Licence [ACL] or Credit Representative Number [CRN]
- Professional Indemnity Certificate (PI)
- 100 Points ID (Colour copy including a Primary ID)
- Police Search (<12 months old)
Forms – Residential
The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
Fact Sheets – Residential
The Solutionists at Allstate are keen to assist brokers to find the most suitable solution as quickly as possible.
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)