As published by Thinktank. Details not published by the lender are marked.
- Loan amount
- $100K to $5M
- Rate
- Rate available on applicationThinktank publishes its pricing to accredited brokers only, so rates are not shown here. A broker can confirm the rate for your scenario.
- Maximum LVR
- Up to 80%Up to 80%, or 75% for loans over $2.5M. Up to $5M in greater metro areas; loans over $3M depend on location.
- Interest only
- Up to 5 years
- Occupancy
- Owner occupied · Investment
- Rate type
- Variable
- Term
- Up to 30 yrs
- Security
- Property-secured
- Structure
- Term loan
- Fees
- Establishment and settlement fees as set out in the letter of offer · Standard residential valuation $385 · Account fee $20 a month · Discharge $495 plus legal fees
- Repayment frequency
- Monthly
- Documents
- Mid Doc
- Credit policy
- No credit scoring, every application assessed on its merits · No debt to income (DTI) maximum · ABNs under 2 years considered; newly self-employed eligible with an ABN of 3 months or more · Combined paid defaults under $1,000 considered · Borrowers can be individuals, companies, trusts or partnerships
- Not accepted
- Credit impaired lending · Construction or development funding · Vacant land or rural residential · Postcodes with a population under 10,000 people · Properties valued under $200,000
- How to apply
- Through a broker or the lender's relationship managers
- Not published by Thinktank
- early repayment, time trading, turnover, guarantees, funding time
- Suitable purposes
- RefinanceGrowthCash flow
About Residential Mid Doc Loan
Thinktank publishes these details for Residential Mid Doc Loan: structure term loan; loan amount $100K to $5M; term up to 30 yrs; security property-secured; maximum LVR up to 80%; documentation mid Doc. Not published by Thinktank for this product: time trading, turnover, funding time, guarantees. Ask the lender or a finance specialist to confirm these before you apply.
How it differs from other Thinktank products
- Residential Full Doc Loan: Documentation is mid Doc here and full Doc for Residential Full Doc Loan.
- Commercial Full Doc Loan: Loan amount is $100K to $5M here and $100K to $10M for Commercial Full Doc Loan; documentation is mid Doc here and full financials (most recent financial information) for Commercial Full Doc Loan; suitable purposes is refinance, Growth, Cash flow here and commercial property, Refinance, Growth for Commercial Full Doc Loan.
- Commercial Mid Doc Loan: Loan amount is $100K to $5M here and $100K to $10M for Commercial Mid Doc Loan; documentation is mid Doc here and alternative income verification instead of full financials for Commercial Mid Doc Loan; suitable purposes is refinance, Growth, Cash flow here and commercial property, Refinance, Growth for Commercial Mid Doc Loan.
- Commercial Quick Doc Loan: Loan amount is $100K to $5M here and from $100K for Commercial Quick Doc Loan; maximum LVR is up to 80% here and varies for Commercial Quick Doc Loan; documentation is mid Doc here and minimal documentation for Commercial Quick Doc Loan; suitable purposes is refinance, Growth, Cash flow here and commercial property, Refinance, Growth for Commercial Quick Doc Loan.
