RAMS Home Loans RAMS Line of Credit Low Doc 2

get advice

add to shortlist listed in my shortlist

Headline interest rate p.a.
-

Max LVR
-

Annual fee
-

Moneybuddy says

RAMS Line of Credit Low Doc * offers flexible access to home equity for those who are self-employed.

The Basics

Interest type Variable rate

Headline interest rate p.a. -

Max LVR -

Annual fee -

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable Yes

Line of credit available Yes

Product suits Owner - Occupier

The Facts & Figures

Introductory rate p.a. -

Introductory term -

Interest rate (p.a.) 1 year -

Interest rate (p.a.) 2 years -

Interest rate (p.a.) 3 years -

Interest rate (p.a.) 4 years -

Interest rate (p.a.) 5 years -

Interest rate (p.a.) 7 years -

Interest rate (p.a.) 10 years -

Interest rate (p.a.) 15 years -

Comparison rate (p.a.) 1 year -

Comparison rate (p.a.) 2 years -

Comparison rate (p.a.) 3 years -

Comparison rate (p.a.) 4 years -

Comparison rate (p.a.) 5 years -

Comparison rate (p.a.) 7 years -

Comparison rate (p.a.) 10 years -

Comparison rate (p.a.) 15 years -

Comparison rate p.a. -

Minimum loan term -

Maximum loan term -

Min loan amount -

Max loan amount -

Early repayments Yes

Redraw facility Yes

Repayment holiday -

Ability to split loan Yes

Extra repayments -

Offset account available No

Interest only payments Yes

The ugly stuff: fees

Application fee -

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per successful or referred application from redirecting website users to RAMS Home Loans's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.

RAMS Home Loans says

If you want easy, flexible access to the equity in your home and you're self-employed, a RAMS Line of Credit Home Loan could be the perfect choice. You only pay interest on the amount you draw down, and there's no need to make regular repayments if you're below your credit limit. So it's ideally suited to irregular cash flow.Plus, like all RAMS low doc loans, all you need to support your application is a signed Borrower Certificate of Income Declaration form stating your income together with ** months of BAS* statements or an accountant's letter or (if refinancing) statements for the last six months of the loan(s) being refinanced.