Blue Commercial – LoanOne

Blue Commercial

From 7.79%
*Promotion Rate
SCENARIO INQUIRY

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
Application Form
CUSTOMER
VERIFICATION FORM
VALUATION FORM
INCOME DECLARATION
- SELF EMPLOYED
ACCOUNTANT'S
VERIFICATION
PRICING AND EXCEPTION
REQUEST FORM

Loan Purpose and Rate - Prime <= $4M

Full Doc
7.79% PI & IO (LVR ≤ 65%)
  • Interest rate from 7.79% P.A.
  • Comparison rate from 8.33% P.A.
Alt Doc
8.44% PI & IO (LVR ≤ 65%)
  • Interest rate from 8.44% P.A.
  • Comparison rate from 9.00% 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 8.58% P.A.
Light Doc - Max Loan $2M - Max LVR 65%
9.64% PI & IO (LVR ≤ 65%)
  • Interest rate from 9.64% P.A.
  • Comparison rate from 10.21% P.A.

Loan Purpose and Rate - Prime $4M - $8M - Max LVR 70%

Full Doc
8.49% PI & IO (LVR ≤ 65%)
  • Interest rate from 8.49% P.A.
  • Comparison rate from 9.04% P.A.
Alt Doc
9.14% PI & IO (LVR ≤ 65%)
  • Interest rate from 9.14% P.A.
  • Comparison rate from 9.71% P.A.

Loan Purpose and Rate - Near Prime <= $4M

Full Doc
8.49% PI & IO (LVR ≤ 65%)
  • Interest rate from 8.49% P.A.
  • Comparison rate from 9.08% P.A.
Alt Doc
8.74% PI & IO (LVR ≤ 65%)
  • Interest rate from 8.74% P.A.
  • Comparison rate from 9.34% P.A.
Lease Doc - Max Loan $2M - Max LVR 70%
8.54% PI & IO (LVR ≤ 65%)
  • Interest rate from 8.54% P.A.
  • Comparison rate from 9.09% P.A.

Product Summary

Security typeCommercial
Loan AmountUp to $8M
Maximum LVR80%
Loan Term5 – 30 Years
Borrower TypeIndividual, Company or Trust
Loan PurposePurchase / Refinance / Cash Out / Debt Consolidation
Repayment MethodDirect debit from nominated bank account
Interest structurePrincipal and Interest & Interest Only (Up to 10 years)
Application fee$899 + GST
Risk Fee0.85% – 1.25%
Offset Facility100% Offset Facility Available
Redraw FacilityAvailable

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