The Flexible & Specialised Approach:
We offer our customers a flexible and specialised approach to their residential mortgage needs.
Through our team of lending professionals and innovative mortgage solutions, we offer a personalised experience.
Contact our credit team for scenarios with:
- Borrowers with impaired credit history.
- Flexi-doc income assessment (alternative income documentation).
- Incomplete construction (assessed as land only until 90% complete).
- Start-up businesses & one-day ABNs.
- Short term & casual employment.
- Australian citizen or resident with overseas income.
- All verifiable, ongoing income sources considered.
- Vacant land as sole security up to LVR of 75%.
- Unlimited cash-out for any acceptable purpose.
- Favourable purchases.
- Urgent settlements.
MKM Capital requires a Registered First Mortgage over a residentially zoned house or land. We do not lend on development sites.
MKM Capital pricing is risk based and will depend on the complexity of the loan scenario. Email us for a copy of our product guide or to price your scenario.
Loan Purpose & Term
Loans can be for private or business/investment purposes, with the flexibility of terms from 24 months to 30 years and up to 5 years interest only.
Minimum Loan Size: $100,000
Maximum Loan Size: $2,000,000
Loan to Valuation Ratio (LVR)
MKM Capital provides mortgages at the following Loan-to-Valuation ratios:
Up to 80% on residentially zoned property in approved locations.
Up to 75% on residentially zoned vacant land in approved locations.
Flexible Income Verification
MKM Capital will consider all regular, verifiable income sources when assessing repayment ability, without the narrow definitions of traditional lenders. This includes casual income, short-term permanent employment, Centrelink, workcover, superannuation, income protection payments and overseas income earned by Australian citizens/residents.
MKM Capital’s Flexi-Doc assessment assists the self-employed to obtain finance, including those with a short term ABN who have recently purchased or started their own business. If your client’s financial statements are not up to date, we can consider other forms of verification such as bank statements, BAS and an accountant declaration.
The MKM Capital Recovery Loan is for those applicants with current unresolved credit impairment. Every day brokers receive calls from those experiencing financial stress in the wake of unemployment, divorce, illness, bereavement or business failure. We understand that for most people these are one-off events from which they will recover, so we look to the future when assessing these applications. If your clients are taking the right steps to recover from their setback, we would like to help them on their way.
No-doc Asset Lends
MKM Capital does not offer no-doc “asset lends”.