Full Doc Commercial
The Full Doc Commercial Loan is a flexible fully verified loan with a maximum LVR of 80%. Suited to borrowers who want the security of a competitively priced ‘set and forget’ loan without the inconvenience of costly annual reviews and line fees required by traditional Commercial lenders.
The Full Doc Commercial loan is suitable for both owner occupier and investor, PAYG or Self Employed with loan terms up to 20 years.
Some product highlights include:
- No annual reviews or valuations
- Redraw available (minimum $2,000)
- Maximum loan amount $2m
- LVR based upon Real Estate value only
- Purchase or refinance of existing dwellings (no vacant land or construction)
- Cash out acceptable
- Minor defaults considered
- Capital cities or major regional centres only