No Doc 70
True No Doc 70 Commercial Investment Loan
The loan has the following features:-
Up to 70% of investment property valuation
Clean Credit Only
Variable rate currently at 11%
Valuation
Legals
Acceptance Fee 2.2%
No accountants letter
No Application fee
No Lenders Mortgage Insurance
No ABN
No GST registration
No Trading Statements
No Deferred Establishment Fees
Loan term of 1-2 years
*** NO EARLY REPAYMENT FEES ***
If you are looking for short term funding then this loan is ideal. You can pay it back as early as you wish with no penalty.
This loan is only available in major metropolitan areas for investment properties in good condition.
There must be a clear exit strategy as to how loan is to be paid back.
