Asset Lending Home Loans

An asset lending home loan is quite unique and is geared towards those who have a substantial amount of equity in their property or have a minimum 30% savings as an asset lending home loan can extend up to a maximum 70% LVR.

The key difference between an asset lending home loan and a low doc home loan is that an asset lending home loan does not require an income declaration; instead the borrower signs a declaration of affordability.

An asset lending home loan is also an unregulated home loan as it is designed for investment purposes and hence is not covered under the UCCC rulings.

Here are some unique aspects of the asset lending home loan: -

•	Some asset lending home loan providers do not require an ABN
•	Signed income declaration not required, instead an affordability declaration is used
•	Asset lending home loans do not require asset and liability information

An asset lending home loan is designed for investment purposes but this is not limited to investment in property.

You could for example, invest in the share market or managed funds, the choice is yours as the asset lending home loan offers this type of flexibility of choice.

If you believe an asset lending home loan may suit your needs then please call us on 1300 723 927 and speak to one of our home loan consultants or Contact Us via this site.

Alternatively more information on Asset Lending Home Loans can be obtained from our parent company.