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VERY FAST LEASE DOC COMMERCIAL LOAN PRE APPROVALS

LEASE DOC 70% Commercial Real Estate Loans @ 2.99%

LEASE DOC 65% Commercial Real Estate Loans @ 2.49%

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70% LEASE DOC COMMERCIAL REAL ESTATE LOANS

2.99%

INDICATIVE RATE ONLY

  • NO accountants letter

  • NO tax returns

  • NO BAS

  • “Lease income only”

  • App Fee 

  • Valuation & Legals

  • Ongoing 

  • Minimum loan size $300,000,

  • Interest only, and p/i, in major areas

  • Loan term to be confirmed once lease is sighted.

  • Note, this loan is on a case by case basis. We need to sight the lease to quote it.

These commercial loans off the lease income only are very fast approvals.

65% LEASE DOC COMMERCIAL REAL ESTATE LOANS

2.49%

INDICATIVE RATE ONLY

  • NO accountants letter

  • NO tax returns

  • NO BAS

  • “Lease income only”

  • App Fee 

  • Valuation & Legals

  • Ongoing

  • Minimum $300,000, 

  • Interest only, and p/i, in major areas

  • Loan term to be confirmed once lease is sighted.

  • Note, this loan is on a case by case basis. We need to sight the lease to quote it.

These commercial loans off the lease income only are very fast approvals.

50% LEASE DOC COMMERCIAL REAL ESTATE LOANS 

Specialised securities, such as service stations

2.59%

INDICATIVE RATE ONLY

  • NO accountants letter

  • NO tax returns

  • NO BAS

  • “Lease income only”

  • App Fee

  • Valuation & Legals

  • Ongoing

  • Minimum $300,000, No Max.

  • Interest only, and p/i, in major areas

  • Loan term to be confirmed once lease is sighted.

  • Note, this loan is on a case by case basis. We need to sight the lease to quote it.

These commercial loans off the lease income only are very fast approvals.

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    How LEASE DOC Commercial Real Estate Loans work

  • The lease income is the only income used for servicing

  • No tax returns

  • No BAS

  • No Pay slips

  • No Accountants Declaration

  • Ideal for Residential Real Estate investors that have a few investment properties (property investors), and want to buy a commercial investment property

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    It's all about the tenant

  • Good quality tenant

  • The commercial tenant must be unrelated (third party)

  • The lender will look at the financial strength of the tenant

  • The stronger the lease, the better (3 years?)

  • Tenant pays all outgoings?

  • Lease must have a minimum of 12 months to run from settlement

  • Property to have a net yield of 5.5%

  • Interest needs to be covered

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    The Commercial Real Estate for sale

  • Must be in or near a major metro area

  • Regional properties are ok with a loading

  • Specialised securities with a lower LVR e.g. 50%

  • Normal commercial real estate, such as

  • Offices

  • Retail

  • Industrial

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