PCL Money - Quick Start Mortgage

Quick Start Mortgage

PCL Money's Quick Start Loan is designed for those who are having difficulties proving their savings history. Many traditional lenders require proof of your deposit coming from genuine saving by way of savings account statements. This can cause real headaches for home buyers who have had a financial winfall (for example, an inheritance or compensation payout) and want to use these funds to purchase their first home. We can even arrange the 10% deposit to approved borrowers, with a personal loan with a term of up to 7 years.

Unlike the normal financial institutions, we don't believe you should have to wait to start building your wealth!

Name:	Quick Start Mortgage
Maximum LVR:	90%
Pre-approval Available:	Yes
Application Fee:	$715.00 (including GST)
Ongoing Fees:	No
Maximum Loan:	$500,000.00
Minimum Loan:	$50,000.00
Repayment Types:	Principal & Interest OR Interest Only
Repayment Methods:	Direct Debit, Payroll Credit, BPay & Direct Deposit
Repayment Frequency:	Weekly, Fortnightly or Monthly
Other Features:	Redraw facility, cheque book, credit card, phone and Internet access.
Valuation Fees:	PCL Money's legal fees, and settlement costs are included in the $715.00 application fee.
Fixed Rate Available:	Yes
Available Terms:	15 years to 30 years
Statement Frequency:	Quarterly
Construction Available:	Yes

For more information about our Quick Start Mortgage product, contact us today.

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