Choice Commercial Easy Refinance – LoanOne

Choice Commercial Easy Refinance

From 7.59%
*Promotion Rate
SCENARIO INQUIRY

Choice Commercial Easy Refinance

  • Max LVR: 80%
  • Max Loan Amount: $3,500,000
  • Clear Credit History
  • 100% Offset Facility Available
  • Principal & Interest and Interest Only
  • Available to NDIS Properties
Application Form
CUSTOMER
VERIFICATION FORM
VALUATION FORM
DISCHARGE FORM
INCOME DECLARATION
- SELF EMPLOYED
ACCOUNTANT'S
VERIFICATION
PURPOSE OF LOAN FUNDS
DECLARATION FORM
PRICING AND EXCEPTION
REQUEST FORM

Loan Purpose and Rate

Owner Occupied or Investment - P&I
7.84% (LVR ≤ 60%, Max Loan $3M)
  • Interest rate from 7.84% P.A.
  • Comparison rate from 7.96% P.A.
Owner Occupied or Investment - IO
8.24% (LVR ≤ 60%, Max Loan $3M)
  • Interest rate from 8.24% P.A.
  • Comparison rate from 8.36% P.A.

Product Summary

Security typeCommercial
Loan Amount$150,000 to $3,500,000
Maximum LVR80%
Loan TermUp to 360 Months
Borrower TypeIndividual, Company or Trust
Loan PurposeRe-finance of either owner occupied or investment of commercial properties
Repayment MethodDirect debit from nominated bank account
Redraw FacilityAvailable
Repayment OptionsPrincipal and Interest & Interest Only (Up to 5 years)
Lender’s Protection FeeFrom 0.50%
Application fee$0
Annual Fee$0

Document Checklist

Income Documents - PAYG
  • Latest 2 Payslips, or
  • Employment Letter
  • 3 Months' Salary Credit
Income Documents - Self Employed - Sole Trader / Partnership
  • Personal Bank Statements showing 6 months of salary/dividend credits, or
  • Latest personal tax returns and company tax returns, or
  • Latest business or personal tax assessment notice confirming tax return status
Income Documents - Self Employed - Company
  • Latest company bank statements/financials showing turnover/trading history, or
  • Latest company / business tax returns, or
  • Latest Tax Assessment Notice confirming tax return status
Income Documents - Trust
  • Latest trust statements/financials showing turnover/trading history, or
  • Latest company/business tax returns, or
  • Latest Tax Assessment Notice confirming tax return status