Greater Commercial
- Home
- Commercial Loan
- Greater Commercial
From 7.34%
*Promotion Rate
About Greater Commercial
- Max LVR: 75%
- Max Loan Amount: $3,500,000
- Debt Consolidation Available
- Full Doc and Alt Doc
- Unlimited cash out
- 1 Year Financials Available
Loan Purpose and Rate - Commercial
Owner Occupied - Full Doc <= $1.5M
7.34% PI (LVR ≤ 60%)
- Interest rate from 7.34% P.A.
- Comparison rate from 7.90% P.A.
Owner Occupied - Alt Doc <= $1.5M
7.74% PI (LVR ≤ 60%)
- Interest rate from 7.74% P.A.
- Comparison rate from 8.33% P.A.
Product Summary
| Security Type | Commercial |
| Max Loan Amount | $3,500,000 |
| Maximum LVR | 75% |
| Loan Term | Up to 30 Years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Cash Out, Debt Consolidation |
| Repayment Method | Direct debit from nominated bank account |
| Repayment Options | Principal and Interest & Interest Only (Up to 5 years) |
| Application Fee | $799 |
| Risk Fee | 0.75% – 1.25% |
Document Checklist
Income Documents - PAYG
- Latest 2 Payslips, Plus one of
- Employment Letter
- NOA
- PAYG Summary
- 1 Month Salary Credit
Income Documents - Self Employed Full Doc
- Most recent 1 year Company Tax Returns & Financial Statements
- Most recent 1 year Personal Tax Returns & Notice of Assessment
Income Documents - Self Employed Alt Doc
- Declaration of Financial Position plus one of:
- Accountant Letter
- 6 months BAS statements
- 6 months Bank Statements
- ATO Portal