Residential & Commercial Specialist Lending
Our commercial lending products have flexible features that cater for all your purchase, refinance and business/investment requirements. Both Full Doc and Lite Doc® options are available.
|3||reasons to deal with
La Trobe Financial
for your loans ...
Good Value for Money
No Risk or Equalisation fees ≤ 80% LVR
|Product Name||Lease Doc||Lite Doc®||SMSF|
|Security Type||Commercial security||Commercial security||Commercial security|
|Loan Purpose||Purchase, Refinance and Debt consolidation||Purchase or refinance commercial property including retail shops, offices, light industrial, and warehouses.||Purchase & Refinance of Investment|
|Verification Required||Full lease agreement||Accountant's letter & Borrower declaration||80% Rental Income. SMSF Contribution Statement. Income deemed at 3.9%|
|Personal or Business/Investment Purposes||Both||Both||Business/Invesment only|
|Minimum Loan Amount||$100,000||$100,000||$100,000|
|Maximum Loan Amount||$2,000,000 (65% LVR)||$2,000,000 (65% LVR)||$2,000,000 (65% LVR)|
|Lenders Mortgage Insurance required||No||No||No|
|Maximum Loan Term||25 Years||25 Years||25 Years|
|Repayment Type||Principal & Interest Only||Principal & Interest Only||Principal & Interest Only|
|Maximum Interest Only Term||5 Years||5 Years||5 Years|
|Interest Rate Type||Variable||Variable||Variable|
|Application Fee (excl. Val. & Legal Fees)||from 1.25% of the loan amount||from 1.25% of the loan amount||from 1.25% of the loan amount|
CONSUMER ADVISORY NOTE
Maximum loan amounts and LVRs may vary based on security offered
* The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING 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. Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply.
^ Depends on the loan amount and risk grade of borrower.