Have Any Questions?
1300 038 861
Visit Us
701/570 George St, Sydney
Email Us
admin@loanone.com.au
Post Settlement
customercare@loanone.com.au
Premier Commercial
From 7.69%
*Full Doc LVR 60%
About Premier Commercial
- Max LVR: 75%
- Max Loan Amount: $50,000,000
- No Clawbacks
- Full Doc, Lite Doc, Lease Doc, Rural >= 100 Acre, SMSF, Commercial Advantage, Development, Residual Stock
- Broadest Mortgage Product Range of All Non-Banks
Loan Purpose and Rate
Full & Lease Doc
7.69% PI (LVR ≤ 60%, Loan Amount ≤ $5m )
- Interest rate from 7.69% P.A.
- Comparison rate from 8.13% P.A.
Lite Doc
8.39% PI (LVR ≤ 60%, Loan Amount ≤ $5m)
- Interest rate from 8.39% P.A.
- Comparison rate from 8.83% P.A.
Loan Purpose and Rate - Commercial Advantage
Loan Amount: ≤ $5m
8.99% (LVR ≤ 75%)
- Interest rate from 8.99% P.A.
- Comparison rate from 9.52% P.A.
Loan Amount: $5m - $15m
9.99% (LVR ≤ 65%)
- Interest rate from 9.99% P.A.
- Comparison rate from 10.48% P.A.
Loan Purpose and Rate - Development
Loan Amount: ≤ $5m
9.99% PI (LVR ≤ 70%)
- Interest rate from 9.99% P.A.
- Comparison rate from 10.48% P.A.
Loan Amount: $5m - $50m
10.99% PI (LVR ≤ 65%)
- Interest rate from 10.99% P.A.
- Comparison rate from 11.49% P.A.
Loan Purpose and Rate - Residual Stock
Loan Amount: ≤ $5m
8.24% PI (LVR ≤ 70%)
- Interest rate from 8.24% P.A.
- Comparison rate from 8.71% P.A.
Loan Amount: $5m - $15m
8.74% PI (LVR ≤ 65%)
- Interest rate from 8.74% P.A.
- Comparison rate from 9.22% P.A.
Loan Purpose and Rate - Rural Property >= 100 Acres
Loan Amount : <= $2M
9.74% (LVR ≤ 55%)
- Interest rate from 9.74% P.A.
- Comparison rate from 10.20% P.A.
Product Summary
| Security type | Commercial |
| Loan Amount | $100,000 to $50,000,000 |
| Maximum LVR | 75% |
| Loan Term | Up to 30 Years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | Purchase / Refinance / Cash Out / Debt Consolidation / Business / Investment / Construction |
| Repayment Method | Direct debit from nominated bank account |
| Redraw Facility | Available on Principal and Interest term; not available to Development, Residual Stock or SMSF |
| Interest structure | Principal and Interest & Interest Only (Up to 5 Years) |
| Application Fee | From 1.25% |
| Pre-Assessment Fee | Individual: 0.25%; Company Applicant: 0.3% |
| Settlement Fee | $120 |
Document Checklist
Income Documents - PAYG and SE Full Doc
- 2 Payslips and Employment Letter/Contract + employment verification call, or Bank Statements
- Most recent 2 years Company Tax Returns & Financial Statements
- Most recent 2 years Personal Tax Returns & Notice of Assessment
- Or 1 Year Financials and Tax Returns + Latest ATO lodged BAS Statement
Income Documents - Lite Doc
- Borrower Repayment Declaration, plus one of:
-
Accountant's Letter;
12 months BAS;
12 months Trading Statements
Income Documents - Lease Doc
- Current Lease Agreement
Income Documents - Residual Stock
- Existing Account Statements
- Marketing Strategy / Intend to sale remaining stock
Income Documents - Development Finance
- Builder’s and Developer’s CVs
- Development Feasibility Analysis
- Copy of Plans & Specification
- Copy of Fixed Price Building Contract
- Copy of Building & Planning Permits (if available)
- Copy of GST Declaration & Letter from Accountant outlining GST margin scheme cost base
Income Documents - SMSF
- SMSF Trust Deed and the Bare Trust deed
- Current Lease Agreement
- Copy of last 12 month SMSF Financials (SMSF asset and contribution statement or evidence the existing fund is being rolled over into the SMSF)