APPLICANT ELIGIBILITY CRITERIA

  • Refinance rate must be lower than current rate.
  • 12 months good conduct verified through loan statements.
  • New P&I repayments must be lower than current P&I repayments.
  • LVR is less than 80% inclusive of cash out, fees & charges.
  • Clear Credit History.
  • 650 minimum credit score.

RATE GUIDE | PURCHASE OR REFINANCE

LVR (min loan size $150K)<60%<65%<70%<75%<80%
Commercial Full Doc up to $3,000,0007.99%8.09%8.19%8.59%8.99%

LOADINGS

Offset AccountAvailable
Interest Only (max 5 years, max LVR 75%)0.40%

MAX LOAN SIZE & LVR GUIDE

0% – 80% $3,000,000
  • Principal & Interest maximum loan up to 80% LVR inclusive of any cash out, fees & charges.
  • Interest Only maximum loan up to 75% LVR inclusive of any cash out, fees & charges.
  • Inner City & Non-Metro maximum loan size is $3,000,000 up to 70% LVR & $2,000,000 up to 80% LVR.
  • All metro & non-metro locations acceptable with minimum 50,000 population.

PURPOSE LOADINGS & RISK FEES

Lender Protection Fee (LPF)LPF is calculated based upon the total loan amount.Standard Owner Occupied & Investment
LVR’s <70% – 0.50%
LVR’s <75% – 0.75%
LVR’s <80% – 1.25% 

Co-Living (7-12 bedrooms)
LVR’s <70% – 1.00%
LVR’s <75% – 1.50%
LVR’s <80% – 2.00% 

NDIS (> 4 Participants | Maximum loan term 25 years)
LVR’s <70% – 1.00%
LVR’s <75% – 2.00%
LVR’s <80% – 3.00%

PRODUCT OVERVIEW

  • Available for purchases, refinances (including cash out) of acceptable commercial securities (see below) – excludes construction, new property purchase or property held inside SMSF.
  • Available for Individuals, Company & Trusts e.g. Discretionary Family & Unit Trusts.
  • Maximum loan tern up to 30 years including up to 5 years Interest Only (no Cash Out if IO)
  • Equity Release – $ for $ refinance plus Cash Out and amount must be lower than 10% of security value.
  • If loan discharges inside first 3 years an exit fee applies of 3 months interest payments.
  • Maximum Single Borrow Exposure is $7,500,000.00.

ACCEPTABLE SECURITIES

  • Strata Offices & Showrooms (minimum area 30 m2)
  • Retail outlets e.g. shops, restaurants
  • Industrial units (minimum area 30 m2)
  • Industrial warehouses
  • Mixed Residential & Commercial use
  • Residential properties (> 4 or more on one title)
  • NDIS properties (> 4 or more participants)
  • Co-Living properties (7-12 bedrooms)
  • Industrial workshops
  • Medical/Dental suites
  • Childcare centres
  • Services apartments
  • Boarding houses
  • Student accommodation 
  • Strata Retirement Units
  • Function Halls
  • Lifestyle farms

APPROX. FEES

GET IN

Application Fee$499.00
Valuation FeeAt cost
Lenders Legal Fee from$1,500.00
Annual Fee$0.00
Settlement Fees$299.00

GET OUT

Early Termination Fee1.00% of original loan amount 
within 36 months
Discharge Admin Fee$995.00 (If discharged within 36 months, both 
Early Termination & Discharge fee are charged) .


Other terms, fees & charges may apply. Refer to the Postcode Guide for more details on acceptable security locations and LVR limitations.
Product availability & conditions subject to change without notice. Australian Credit Licence 409 649. Rates effective from 27th January 2025.