Commercial Full & Light Doc

Overview
• All Capital Cities and regional areas > 5,000 Population
• Loans greater than 80% LVR to have > 20,000 Population

Target
• Full Doc Individuals (PAYG or self-employed), Investors, Companies, Partnerships or Trusts with Clear Credit History.
Loan Purpose
Loans considered for refinance and purchase of commercial ,residential investment business free holds and industrials being non Regulated by the UCCC

Loan Features
25 years fully amortizing P&I or 5 years interest only, auto converting to 15 years P & I

Loan Products
Securitize facility or private funding pending on application

Minimum Loan Size	$100,000 per security property (Subject to the loan scenario and to the LVR)
Maximum Loan size	Up to $50,000,000
Loan to Value Ratio	• 80.00% Lite Doc Exclusive of GST & lesser of purchase price or valuation • 85.00% Full Doc Exclusive of GST & lesser of purchase price or valuation
Minimum Loan Terms	• Variable or fixed for 12 months.
Maximum Loan Terms	• 25 years fully amortizing P&I • 5 years interest only, auto converting to 15 years P & I
Loan Repayment Frequency	• Monthly for Full & Light Doc
Security Type	• Commercial Buildings • Day Care Centres • Strata Offices • Retail Premises • Factory Premises • Residential & investment • Hotels/Pubs-Freehold Only • Serviced Apartments and Strip Mall • Industrial Warehouses • Other securities on a case by case
Redraw Available	Yes after completion of construction for Full and Lite Doc on variable rate only
Split Loan Available	Yes after completion of construction for Full and Lite Doc up to 4 splits
Dynamic Repayment	Yes after completion of construction for Full and Llite Doc
Additional Repayment	Principal reductions accepted no minimum via BPay
Loan statements	Issued Half Yearly (But you can ask us when required we will mail them to you charges apply).
Documentation Required	Subject to the loan purpose, please call 1300 790 909 for more details
Financial Information	Min of 1.5times (excludes living expenses and interest rate based on actual rate). Capacity calculator supplied.
Qualifying Interest Rate	Please call our consultant on 1300 790 909 for more details
Other Conditions	A. Min of 1.5times (excludes living expenses and interest rate based on actual rate). Capacity calculator supplied. B. Prime Borrowers must demonstrate serviceability with up to date detailed financial statements covering last 24 months C. Light Doc must be self employed or an Investor , has an ABN number and registered for GST and in business for the past 2 years for (Lite doc Loans)