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Lo Doc Commercial Property Loans
- Lo Doc for any purpose
- Interest only with optional redraw
- “Set and forget” – no annual reviews
- Speedy approvals
- Easy exit and roll-over
- Lend on valuation
- Competitive rates
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Lo Doc Commercial
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Second Mortgage
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Purpose
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Owner Occupier
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Yes
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Yes
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Investment
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Yes
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Yes
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Purchase
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Yes
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Yes
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Refinance
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Yes
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Yes
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Construction
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No
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Yes
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Vacant Land
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Yes
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Yes
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Business/equity release
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Yes
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Yes
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Lending Criteria
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Max. Loan Value
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$50,000,000
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$1,000,000
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Max. Loan % (LVR)
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85%
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10%
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Acceptable Security
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Residential, commercial, industrial, retail, or land
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Residential, commercial and non-residential
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Mortgage Insurance
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Nil
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Nil
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Savings/equity
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Balance of funds from borrower
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Balance of funds from borrower
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Income History
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Employees
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Case by case basis
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Fully verified income with 2 years continuous employment
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Self-employed
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Case by case basis
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Self-certify or accountants letter. Min 2 years S/E.
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Credit History
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Baycorp report
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Clear
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Minor arrears and defaults
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Repayment
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Term Maximum
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5 yrs
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5 yrs
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Principle & Interest
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Yes
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No
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Interest Only
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Yes
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Yes
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Contact Us
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