Loans to Access Equity in Completed Stock

Borrowers from 8.49%^ p.a.

Commercial – Our Residual Stock loan allows developers with completed but unsold stock in their development to refinance the unsold stock, providing more time to sell them or leverage the equity for their next project. We understand the challenges of property development, and our loan product is tailored to support developers in optimising their projects and investments.

Key Benefits

Current Rate^: 8.49%
Comparison Rate*: N/A
Security Type: Residential or Commercial security
Loan Purpose: Refinance or debt consolidation
Verification Method: Full or Lite Doc method
Minimum Loan Amount: $100,000
Maximum Loan Amount: $25,000,000 (65% LVR), $15,000,000 (70% LVR)
Maximum LVR: 75% inclusive of interest budget
Lenders Mortgage Insurance Required: no
Maximum Loan Term: Up to 5 years
Repayment Type: Interest Only
Maximum Interest Only Term: Up to 5 years
Interest Rate Type: Variable
Redraw Available: No
Application Fee (excl. Val. & Legal Fees): 1.50%
Risk Fee: $0
Additional Repayments: No

Consumer advisory note: Maximum loan amounts and LVRs may vary based on security offered. * The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING – Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees, charges and La Trobe Financial lending criteria apply. ^ Depends on the loan amount and risk grade of borrower.

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