Our Express Commercial products suit both PAYG and self-employed applicants looking to: purchase; or refinance (including Cash out); commercial property. Acceptable security includes: Retail Shops; Offices; Light Industrial Warehouses and Rural Farms.
| Loan Purpose |
Purchase, Refinance, Debt consolidation |
| Cash out |
Max. 10% of total refinance |
| Verification Required |
Full/Lite |
| Personal or Business/Investment Purposes |
Both |
| Minimum Loan Amount |
$100,000 |
| Maximum Loan Amount |
$1,500,000 |
| Maximum LVR |
70% |
| Lenders Mortgage Insurance required |
No |
| Maximum Loan Term |
5 Years. Option to renew for a further term subject to performance. |
| Repayment Type |
Interest Only |
| Maximum Interest Only Term |
5 Years |
| Interest Rate Type |
Variable, Fixed 1 - 2 years |
| 1 Year Fixed |
from 9.50% |
| 2 Years Fixed |
from 9.70% |
| 3 Years Fixed |
Not Available |
| Redraw Available |
No |
| Application Fee (excl. Val. & Legal Fees) |
1.25% of loan amount |