NDIS

Loan features

• Principal and Interest (up to I/O for 15 months until constructed an 1st participant)
• Maximum loan term 25 years (300 months)
• Maximum LVR 80%
• Maximum loan amount NDIS Owner Occupied:
  Established & Construction Loans ≤ $3.0m max LVR 80%
• Maximum loan amount NDIS Investment:
  Established Loans ≤ $2.5m max LVR 80% & Construction Loans ≤ $2.0m max LVR 80%
• Purpose built NDIS/SDA compliant property
• Specialist NDIS/SDA valuations undertaken. Request a val via: https://hello.granitehomeloans.com.au/val-request
• Redraw available
• Visa Debit card available
• Multiple loan splits available
• Cash out available on established after tenanted
• Acceptable postcodes only, 5,000 min population, or within 25km of 25,000 population http://hello.granitehomeloans.com.au/postcode-matrix

Borrower

• Investors: Non-trading Companies and Trusts (1 day old ok)
• Property purpose: Residential NDIS
• Credit history: Clear credit history
• Employment type: PAYG/Self employed Full income documentation over 2 years
• SDA income: 70% of SDA income

Optional features

• Fixed rate option Available. Refer rate card
• Offset account available after construction

Repayment features

• Repayment frequency Weekly, fortnightly and monthly
• Transaction functionality Unlimited transactions via internet, phone, BPay, debit card, ATM
• Make additional payments Up to $20,000 p.a. for fixed rate splits
• Repayment method Salary credit/direct debit

Cash out

• Up to 80% LVR after fully tenanted

Number of NDIS per investor household

• One property under construction at any time. First property must have at least one tenant prior to starting a second.
• Maximum of 2 completed NDIS properties per household.