Solution Short Term Lending – LoanOne
Rate from 8.74%

About Green Short Term Lending

Loan Type and Rate

Residential Security
Max $5mil
Contact our BDMs for the full policy
Commercial Security
Max $3mil
Contact our BDMs for the full policy
Highest and Best Use
Max $5mil
Contact our BDMs for the full policy

Product Summary

Security TypeResidential and Commercial
Loan AmountUp to $5,000,000
Maximum LVR75%
Loan TermUp to 24 Months
Borrower TypeIndividuals, Company or Trust
Loan PurposeUnregulated purposes only including refinance, purchase, consolidation or equity release
Repayment MethodDirect debit from nominated bank account
Redraw FacilityVariable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed.
Interest structureInterest Only: Interest Paid or Interest Budget
Application Fee1.50% of Loan Amount
Pre-Assessment Fee$990
Annual Fee$0

*Please contact one of our BDMs for more information on our Short-Term Lending products. Alternatively contact us via email or submit an enquiry online.

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Recommended serviceability pass rate NDI 1.1:1
We take 80% of existing rental income into servicing for investment property.

* The comparison rate is based on a secured loan of $150,000 and a term of 24 months.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.