We can assist with both refinance and
purchase of commercial properties.
The types of commercial lending that
can be considered includes:
- Commercial property purchase, and re-finance up
to 75% LVR at an attractive rate. Can also extend to 80% at higher
interest rates.
- Business purchase, including specialized assets
such as motels, nursing homes & pharmacies.
- Low Doc, or Full Doc.
- Variable or fixed.
- Commercial, Rural, Industrial and Development
Finance.
- Interest only, or principal and interest.
- Terms up to 20 years.
Developers! We can lend for property
development purposes, including cost based and gross realization lending.
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Applicant type
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Individuals, Companies, Trusts.
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Full Doc requirements
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PAYG or self-employed 2 years, but case by
case
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Full Doc required proofs
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P.A.Y.G. Pay slips, group
certificates or employer letter.
Self-employed, two years tax returns.
Lease Agreements required
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Low Doc requirements
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Self-employed or Investors
2 years, but case by
case
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Income: required proofs
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Lease Agreements and
Letter From Accountant
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Loan amounts minimum & maximum
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$100,000 > 5 million
$5 million + by
negotiation
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Location
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Major Regional areas on application
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LVR
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Full Doc
<70% LVR $5 million +
>70% to max 75% LVR $1 million
Low Doc
1st Mortgage to 75%
2nd Mortgage to 80%
Credit Impaired
Up to 75% LVR
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Term
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Full Doc 20 years (5 years
I/O & 15 P&I)
Low Doc 20 years
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Application Fees
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1% - 1.5% payable at
settlement
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Residency Status
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Citizens and permanent residents.
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Approximate rate
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By Quote
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