Solution Highest and Best Use
From 8.99%
*Promotion Rate
About Solution Highest and Best Use
- Max LVR: 80%
- Max Loan Amount: $2,000,000
- Promotion Rate: 8.99% LVR ≤ 65%
- Prime and Near Prime profiles
- Full and Alt Doc options
- Accepts Vacant Land (Max LVR 65%)
Loan Purpose and Rate
≤ 4 Dwellings
8.99% PI (LVR ≤ 65%)
- Interest rate from 8.99% P.A.
- Comparison rate from 9.35% P.A.
Vacant Land ≤ 4 Dwellings
10.24% PI (LVR ≤ 65%)
- Interest rate from 10.24% P.A.
- Comparison rate from 10.62% P.A.
Product Summary
| Security type | Commercial |
| Loan Amount | $100,000 to $2,000,000 |
| Maximum LVR | 80% |
| Loan Term | Up to 30 years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| 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) |
| ≤ 4 Dwellings (LVR ≤ 65%) | 8.99% P.A. (PI) |
| Vacant Land ≤ 4 Dwellings (LVR ≤ 65%) | 10.24% P.A. (PI) |
| Application fee | 1.5% of loan amount, see product guide for details |
Document Checklist
Income Documents (Alt Doc)
- Declaration of Financial Position PLUS
- one of following:
- Accountant Letter
- 6 months BAS
- 6 months bank statement
Loan Calculator
Solution Residential Calculator
Please click on the link to download the calculator for serviceability calculations.
* 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.