Where? Anywhere in Australia.
LVR? 65% is the norm for interest only, but 70% is available if paying principal & interest.
Size? Minimum $500,000 maximum $3,000,000.
Security? Commercial, industrial, retail with residential as collateral.
Fees? .5 % establishment fee, valuation and legals at cost.
For the larger loans from $3,000,000 to $30,000,000 the rates are slightly higher beginning at 5.75%, but wait...
You will get reimbursed the cost of the establishment fee, the valuation fee.
Discharge fees from your current lenders and the Mortgage duty,,,,
Up to a maximum of $50,000.00 yes $50,000.00…
This special program runs until the 31st May 2013.
Have a question? Just ask, it won’t cost you a thing.
Is this the best commercial interest rate ever?
Is this the best commercial interest rate ever?
This commercial interest rate offers 4.99% (fixed 1 year).
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