Solution Highest and Best Use
- Home
- Commercial Loan
- Solution Highest and Best Use
From 8.04%
*Promotion Rate
About Solution Highest and Best Use
- Max LVR: 80% ex GST
- Max Loan Amount: $2,000,000
- Loan Term up to 30 Years
- Prime and Near Prime profiles
- Full and Alt Doc options
- Accepts Vacant Land (Max LVR 65%)
Loan Purpose and Rate
3 ≤ 6 Dwellings
8.04% PI (LVR ≤ 80% ex GST)
- Interest rate from 8.04% P.A.
- Comparison rate from 8.40% P.A.
Uninhabitable / Vacant Land
9.24% PI (LVR ≤ 65%)
- Interest rate from 9.24% P.A.
- Comparison rate from 9.62% P.A.
Product Summary
| Security Type | Commercial |
| Loan Amount | $100,000 to $2,000,000 |
| Maximum LVR | 80% ex GST |
| Loan Term | Up to 30 years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | Purchase / Refinance / Cash Out |
| Repayment Method | Direct debit from nominated bank account |
| Redraw Facility | Variable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed. |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Application Fee | 1.50% of Loan Amount |
| Annual Fee | $0 |
| Settlement Fee | $0 |
Document Checklist
Income Documents (Self-Employed Alt Doc)
- Declaration of Financial Position PLUS
- one of following:
- Accountant Letter
- 6 months BAS
- 6 months Bank Statement