How to get low doc commercial loan in Australia
Low doc commercial loan
Whether you are a business owner or an investor? Are you looking for low doc loan to buy or refinance a commercial property? We here at Realloans offer commercial low doc loans at competitive rates and good terms.
Commercial Loan Features
- Loan purpose is purchase, refinance or release equity from commercial real estate
- Max Loan Size $25m
- Owner-occupied or investment
- Individual, Partnership, Company or Trust Loan
- Maximum LVR 80%
- Loan term 30 years
Low Doc Loan Requirement
- Have a registered ABN
- Sign an income declaration
- An accountant’s letter or BAS statements or Business Bank account statements
Commercial low doc interest rates
The interest rate for a low doc commercial property loan will depend on the size of your deposit, the overall risk of your situation, and the documents that you can provide as alternate income evidence.
As a general rule, many low doc commercial loan lenders offer pricing dependent on the LVR. The lower the LVR, the lower the interest rate applicable.
Some lenders who specialize in commercial low doc loans offer some very competitive interest rates as long as you have a large deposit (i.e. a low LVR).
If you are considering refinancing a commercial property or seeking a low doc loan, feel free to reach out to our specialist mortgage brokers on +61 412 447 728.
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