No Doc Commercial Loan

"Self Certified" No Doc Commercial Mortgage Loans to 65%LVR.

Absolutely no income figures included in self certification - a true No Doc Loan. No required income or accounts confirmation. Must have a history of making loan payments on time - and not just most of the time!

Great Interest Rates. Our variable interest rates usually move in parallel with changes in official interest rates.

Great Features: 20 year term as maximum (with an optional interest only period)
Location: cities and regional centres with a population greater than 20,000.
For mainstream properties with a good resale value. No Vacant land or construction loans

With no half yearly administration fee. No monthly/annual account keeping fees, no big hurdles of major scheduled external loan reviews/rollovers, no company charges.

Easy Info : Main application details required are borrower / guarantor details, statement of assets and liabilities, property / purchase details.
Second type of No Doc loan (Simple Doc) for investos where the income from the property will service the loan and only require self-declaration of income

No Doc Commercial Loan to 75%LVR

This is especially useful for those seeking to fund new business or consolidate existing business and personal debits. The source is private lending and interest rates and costs are based on risk assessment. The loan is limited to 12 months, so an exist strategy is required. Usually after 12 months of trading customers are able to switch to a regular product without penalty

Low Doc Commercial Loan to 75%LVR

Lo Doc loans which requires details of bank statements and detailed assets and liabilities.

The lender will require evidence of financial capacity to service the loan through existing cash flow.   ABN must also be valid for at least 24 months.

Secured by either commercial or residential property, Commercial loans feature:

• up to 75% LVR
• a maximum loan term of 25 years
• principal & interest or interest only options
• no annual reviews

Commercial repayment options enable your customers to pay down their loan faster and in many cases, without penalty. Choose from:

• weekly, fortnightly or monthly repayment options
• unlimited extra repayments on variable rate loans. Free electronic redraw facility gives borrowers instant access to their voluntary extra repayments
• additional repayments up to $20,000 p.a. without penalty on fixed rate loans

Required Information:

• 6 months business a/c statements
• 6 months hosing loan statements
• 6 months statements for any loan being refinanced

A wide range of property accepted as security , including:

• commercial property (including offices)
• • industrial property (including warehouses and workshops)
• retail property (including shops)
• residential property

They can be located in cities and regional towns having population > 100,000. Loans are available to both individuals and corporate entities – registered Australian companies, partnerships or trustee companies acting for a family, discretionary or unit trust. Loans may be for investment or owner-occupied purposes. Customers must have clear CRAA.; No Vacant land or construction loans

Caveat Loans or short term loan

These are suited for those who face short term issues with settlement or consolidating finances.

Although the funders charge 3%+ per month, in terms getting out of the difficulty or using cost to benefit analysis will indicate the suitability of this finance. These loans generally 3 to 12 months. The lender will require an exit stratgey. They really are not interested in finding the borrower at the end of the peiod with a higher loan and property worth less because it has been on the market for long period.

Full Doc commercial Loans

A commercial loan you can set and forget.

The lending conditions are as above. The additional documents required are the last 12 months business bank statements, BAS and last two years tax returns. The higher scrutiny is set off by a lower interest rate of 0.5%. The maximum LVR remains 75%.   FULL DOC COMMERCIAL LOANS FOR SOLID INCOME PRODUCING PROERTIES OVER $1.5m FROM 7.25%PA, VARIABLE, FOR CUSTOMERS WITH GOOD INCOME SOURCES.

Just approved $3.5M @7.66% with reimbursement* of 1%. This reimbursement can be used to cover your loan establishment fees, property valuation costs or legal fees associated with the loan. You can even use it to pay exit costs charged by your current lender. It cannot be used for repaying Goverment fees such as stamp duties

Mortgage Broker providing low doc home loan, refinance home loan, new home loans,caveat loan, short term loan, construction home loan, vacant land loan, first home owners grant, bridging finance for homes, car loans, commercial low doc loans, no doc commercial loans, business loan