Low Doc Commercial Loans

80% Low Doc Commercial Loans

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Low Doc Commercial Loans up to 80%

  • Cheap interest rates
  • Fast Approvals
  • Less Paperwork

Low Doc Commercial Loans

  • Set up
  • Valuation
  • Legals
  • Up to 15 years loan term.

In 2017 indicative rate of the 80% LVR is 5.9%

Maximum loan size $1m

Need last BAS and must have clean credit and clear tax portal.

DO NOT need accountants letters, tax returns or management accounts.

More info on low doc commercial loans at 80%

If you need a large low doc commercial loan, tell us what you’d like, and we’ll get it priced for you, FAST.

Low Doc Commercial Loan options include:-

  • Genuine No Doc Commercial loans
  • Cash out options
  • Full and low doc commercial loan options for debt consolidation and tax arrears
  • Specialised securities
  • Regional centres.

These low doc commercial loans are:-

Cheap, Fast & Simple

To get approved fast, please call us.

No Doc Commercial Loans

Low Doc Commercial Loans 75 and No Doc Commercial Loans 65 are still available.

No Doc 65 Commercial available for new purchasers with good asset position and clean credit. The security property must have at least one building, greater than 50sqm, in a major metropolitan area, and in sound condition on it.

These low doc loans and no doc loans do not require an accountants letter.

Are you looking for a quick settlement? For the NO DOC Commercial Loans 60, we will have an answer for you within 48 hours of receiving your application. If it is a NO DOC Commercial Loans 60 purchase, it is possible to settle it within 2 weeks.

Low Doc Commercial loans on vacant land are still available. Vacant land may be considered but only on a low LVR basis. It is strictly on a case by case basis.

Do you currently have a Challenger Mortgage? If you are looking at refinancing a Challenger Commercial Loan from Challenger Financial Services Group please call us:-

 

NON BANK Development Finance

We say “YES” only to the development finance deals where the banks have said “NO

We help arrange Private Funding of Commercial Mortgages drawing monies from either; Retail or Contributory Managed Funds, High Net Worth Investors or Wholesale Funders.

These development deals tend to have a capital city bias with funding ranging from $5-$80M for a wide range of purposes.

Most notably, transactions that we tend to favour are:
– Development (Construction or Subdivision)
– Commercial Purchase
– Land Acquisition
– Land Banking
– Commercial Refinance
– Cash out

Commercial Mortgage
As a guide we adopt the following lending ratios:
– 65% of Estimated Value
Rates start at 7.75% – 15.00p.a. + Fees and Charges

1st Mortgage Construction
As a guide we adopt the following lending ratios:
– 65% of GRV or 80% of TDC.
– 65% against acquisition of land – uplifted value maybe considered.
Rates for construction start at 11.50% – 15.00p.a. + Fees and Charges

2nd Mortgage Construction
As a guide we adopt the following lending ratios behind an approved 1st Mortgagee
– 75% of GRV
– 70% against acquisition of land
Rates for Mezzanine Funding start at 14.00% – 21.00p.a. + Fees and Charges

Preferred Equity
Preferred Equity is available, this will be priced based on each scenario presented. This will typically cost between 21.00% and 30.00% as coupon interest + Fees and Charges.

Joint Venture and Equity
We have access to number of Ultra High Net worth partners looking for Investment Opportunities. If you are looking for equity in a project, we may be able to help you with this.

Call a NON Bank Development Finance Specialist now.