Blue Commercial
From 7.49%
*Promotion Rate
About Blue Commercial
- Max LVR: 80%
- Max Loan Amount: $8,000,000
- 48-hour SLA to Conditional
- No Annual Review or Revaluations
- Full Doc, Alt Doc, Lease Doc, Light Doc
- Cash Out to Max LVR
Loan Purpose and Rate - Prime <= $4M
Full Doc
7.49% PI & IO (LVR ≤ 65%)
- Interest rate from 7.49% P.A.
- Comparison rate from 8.03% P.A.
Alt Doc
8.14% PI & IO (LVR ≤ 65%)
- Interest rate from 8.14% P.A.
- Comparison rate from 8.70% P.A.
Lease Doc - Max Loan $2M - Max LVR 70%
7.54% PI & IO (LVR ≤ 65%)
- Interest rate from 7.54% P.A.
- Comparison rate from 8.08% P.A.
Light Doc - Max Loan $2M - Max LVR 65%
9.14% PI & IO (LVR ≤ 65%)
- Interest rate from 9.14% P.A.
- Comparison rate from 9.71% P.A.
Loan Purpose and Rate - Prime $4M - $8M - Max LVR 70%
Full Doc
7.99% PI & IO (LVR ≤ 65%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.54% P.A.
Alt Doc
8.64% PI & IO (LVR ≤ 65%)
- Interest rate from 8.64% P.A.
- Comparison rate from 9.21% P.A.
Loan Purpose and Rate - Near Prime <= $4M
Full Doc
7.99% PI & IO (LVR ≤ 65%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.58% P.A.
Alt Doc
8.24% PI & IO (LVR ≤ 65%)
- Interest rate from 8.24% P.A.
- Comparison rate from 8.84% P.A.
Lease Doc - Max Loan $2M - Max LVR 70%
8.04% PI & IO (LVR ≤ 65%)
- Interest rate from 8.04% P.A.
- Comparison rate from 8.59% P.A.
Product Summary
| Security type | Commercial |
| Loan Amount | Up to $8M |
| Maximum LVR | 80% |
| Loan Term | 5 – 30 Years |
| Borrower Type | Individual, Company or Trust |
| Loan Purpose | Purchase / Refinance / Cash Out / Debt Consolidation |
| Repayment Method | Direct debit from nominated bank account |
| Interest structure | Principal and Interest & Interest Only (Up to 10 years) |
| Application fee | $899 + GST |
| Risk Fee | 0.85% – 1.25% |
| Offset Facility | 100% Offset Facility Available |
| Redraw Facility | Available |
Document Checklist
Income Documents (PAYG)
- Latest 2 Payslips, OR
- Last 3 Months Bank Statements showing salary credits
Income Documents (Self-Employed Full Doc)
- Most recent 1 year Company / Trust Tax Returns (no older than 21 months)
- Most recent 1 year Personal Tax Returns & Notice of Assessment (no older than 21 months)
Income Documents (Self-Employed Alt Doc)
- Declaration of Financial Position PLUS
- One of the following:
- Accountant Letter
- 6 months BAS
- 6 months Bank Statement
Income Documents (Self-Employed Company Directors)
- Most recent 3 Months Payslips
- Last financial year’s ATO Income Statement