Products - 15-4-09.xls

	First Australian		LoDOC
KEY FEATURES:		DETAILS
	Loan Purpose:		Purchase owner occupied, &/or = investment=20 properties
	Loan Amount:		Up to $1,000,000
			Higher loan amounts - file dependant =
	Maximum LVR:		80% [incl. LMI - where capitalised] =
	Lo Doc Only:		Income verification - Self Certified = by=20 Borrower[s]
	Interest Rate:		First Aust Fin'l Services - LoDOC =
	Fees:		No ongoing fees
	Loan Term:		30 years
	Interest Only:		Up to 10 years [can be extended], or = 15 years=20 with LOC
	OTHER FEATURES		IMPORTANCE
	Redraw	=E2=88=9A		Minimises interest costs & = maximises debt=20 reduction & flexibility
	"Line of Credit" Capability	=E2=88=9A		Ease of admin, flexibility & = minimises=20 interest costs & maximises debt reduction
	Internet Access	=E2=88=9A		Simple, on-line management of your = loan &=20 access to its administration
	No monthly, or ongoing fees.	=E2=88=9A		We charge no monthly or ongoing fees =
	Personalised Service	=E2=88=9A		You will never talk to a computer, = always to a=20 highly skilled, committed
		member of our Team. = We=20 will always put you first.
	Experience the Difference	=E2=88=9A		Our Team are very experienced in = lending &=20 assisting Clients achieve their goals
	Mortgage Security - your protection	=E2=88=9A		Loan agreement, title & mortgage = securely=20 protected by Trustee eg Perpetual
	Strategic approach to your needs	=E2=88=9A		Our strategists apply their extensive = experience=20 to your situation & objectives
	Split Loans, dividing into portions	=E2=88=9A		Allows separate accounting for each = loan portion=20 eg for investment
	Repayment frequencies	=E2=88=9A		Monthly, fortnightly, or weekly. = Interest is=20 charged on the daily loan balance
	Interest Capitalisation	=E2=88=9A		Within loan limits - either through = LOC &/or=20 redraw management
	Inward Salary Credits	=E2=88=9A		Allows part, or all salary deposits = into the=20 Loan Account
	Inward Direct Debits & Inward BPay	=E2=88=9A		Allows additional deposits into the = Loan Account=20
	Immediate access to funds	=E2=88=9A		If Loan redraw funds are required = urgently=20 Telegraphic Transfer is available
	Mortgage Insurance Capitalised	=E2=88=9A		If Mortgage Insurance is payable it = can be=20 capitalised [added to the loan]
	Inward Deposit book	=E2=88=9A		Allows manual deposits into the Loan, = at the=20 nominated Bank
	Inward BPay	=E2=88=9A		Allows BPay deposits into the Loan = from your=20 on-line Bank Account
	Telephone Banking	=E2=88=9A		Simple, phone access to management of = your loan=20
	Cheque Book	=E2=88=9A		Available on Line of Credit [if = required]
	ATM [debit card]	=E2=88=9A		Visa Debit Card available if required = [some=20 transaction fees may apply]
	Interest in advance, or lump sums	=E2=88=9A		May Maximise Tax deductions in = specific=20 financial year
	Principal & Interest	=E2=88=9A		Traditional loan structure available = [if you=20 don't need flexibility]
	Fixed Interest Option [max 10 yrs]	=E2=88=9A		Portion, or all of the Loan can be = fixed, if=20 required
	Dynamic Repayments	=E2=88=9A		If P&I, recalculates next = repayment once=20 redraw, or additional deposit made
	Internal Loan Portion transfers	=E2=88=9A		No fees to transfer funds between = splits or=20 separate loans
	Increasing existing loan amount	=E2=88=9A		As your equity grows, your loan can be = increased=20 for investment,
		personal purposes, or = debt=20 consolidation.
	ESTABLISHMENT COSTS
	Application, valuation, legals & = title=20 insurance costs:	Application, legals, valuation & = set-up=20 costs are file dependant
	ONGOING FEES
	NO ONGOING or ADMIN FEES		Nil - we do not charge any ongoing = fees OR=20 ongoing admin charges
	Other Components:
	Available to approved Applicants with = Self=20 Certified income documentation.
	All Interest Rates, Loan Components = and the=20 above summaries are current as at the date of this document.
	Genuine savings required if First Home Buyer. =
	This Product Summary sheet is a guide=20 only. Specific inclusions, details and any final = approval=20 must be confirmed by FAFS Credit on all applications.
	Specific details of the loan will be = set out in=20 full in the Loan Agreement forwarded to you at the Mortgage = documentation=20 stage.
	Revision: This version revised as = at=20	1-Apr-09		=C2=A9 First Australian Financial = Services Pty Ltd=20 [LoDoc Product matrix] - 1-4-09