Greater Commercial
From 7.59%
*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 <= $2M
7.59% PI (LVR ≤ 60%)
- Interest rate from 7.59% P.A.
- Comparison rate from 8.22% P.A.
Owner Occupied - Alt Doc <= $2M
7.99% PI (LVR ≤ 60%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.66% 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) |
| Loan Splits | Up to 4 Loan Splits |
| Redraw Facility | Available |
| Offset Facility | 100% Offset Facility Available |
Document Checklist
Income Documents - PAYG
- Latest 2 Payslips, Plus one of
- Employment Letter
- Income Statement
- 1 Month Bank Statement
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
Loan Calculator
Refer to credit team for calculator and servicing requirements
* The comparison rate is based on a secured loan of $150,000 and a term of 25 years.
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.