Purchase or refinance residential or commercial investment properties.
Borrower type(s) include Corporate or Individual Trustees.
Loan sizes up to $3,000,000.
Loan Term up to 30 years.
Legal advice is required with all applications.
Interest Only (Investment) available for up to 5 years with LVR’s up to 80%.
Vacant land as stand alone security unacceptable.
Servicing considerations:
Rental income at 80%
Member contributions at 85% – Deemed income at 85%
Servicing outside of the SMSF fund acceptable.
A 2.5% liquidity test may apply for Off the Plan purchases without a valid lease in place at settlement.
Minimum security size 50 sqm exclusive of balconies & car parking if residential.
Credit Impaired with minor life event impairment considered under 80% (rate loadings may apply).
Product includes BPAY®, Internet Banking.
APPROX. FEES
Residential
Application Fee
from 1.50%
Valuation Fee
At cost
Lender legal fees from
$1,500.00 + costs
Monthly fee
$15.00
Settlement fee
$299.00
Discharge fees approx.
$535.00
Commercial
Application Fee
from 1.50%
Valuation fees
Quote basis
Lender legal fees from
$1,500.00 + costs
Monthly fee
$15.00
Settlement fee
$299.00
Discharge fees approx.
$535.00
Other terms, fees & charges may apply. Product availability & conditions are subject to change without notice. Australian Credit Licence 409 649. Rates effective from 28th February 2025.
