Low Doc Commercial Loans

August 19, 2010 | Comment 0

Low Doc Commercial loans are still available up to a maximum LVR of 75% on good commercial properties in major metropolitan areas. The maximum loan size at 75% is $1million. Larger loans are available at lower LVRs.

Applicants, which can also include companies, must have clean credit and current loan must have been paid on time. This is to be shown through six months loans statements. Specialised securities are not acceptable at 75%. Can be for both owner occupiers and investors. Must have 2 years ABN.

Max interest only period is three years, however maximum loan term can be 25 years.

True term loan.

Interest rates for Low Doc Commercial