Commercial Lending Update For October 2018
Commercial lending for the month of October has seen interest rates remain stable. Below are some of the interest rates that can be sourced depending on your lending requirements and security type.
FULL DOC LENDING RATES
Lender | Loan Type | Security Type | Interest Rate | Max LVR | |
---|---|---|---|---|---|
Commercial Reference Rate | Variable Interest Rate from | Commercial Security | 3.37% to 5.47% plus risk margin | Up to 80% | Enquire |
Bank | Variable | Residential Security | 4.45% | 80% | Enquire |
Bank | Fixed Rates From | Residential Security | 4.44% | 80% | Enquire |
Bank | Variable Rates From | Commercial Security | 3.43% – 5.74% | Up to 80% | Enquire |
Bank | Lease Doc Variable | Commercial Security | 5.09% – 6.25% | 60% to 80% | Enquire |
Bank | Commercial Equity Loan From | Commercial Security | 4.69% t0 6.25% | 60% to 80% | Enquire |
Bank | 1 Year Fixed Rate From | Commercial Security | 3.43% – 4.44% | Up to 80% | Enquire |
Bank | 2 Year Fixed Rate From | Commercial Security | 3.56% – 4.83% | Up to 80% | Enquire |
Bank | 3 Year Fixed Rate From | Commercial Security | 3.74% – 5.74% | Up to 80% | Enquire |
Bank | 4 Year Fixed Rate From | Commercial Security | 3.88% – 5.14% | Up to 80% | Enquire |
Bank | 5 Year Fixed Rate From | Commercial Security | 4.01% – 5.24% | Up to 80% | Enquire |
Lenders | Development Rate From | Commercial Security | from 4.45% | Up to 75% | Enquire |
Please Note: that the above interest rates are only examples. Interest rate vary according to security type, property type, borrow amount against the properties value, loan amount, location, use and purpose.
Please complete our online form so we can assess and discuss your full doc commercial lending needs.
LOW DOC LENDING RATES
Lender | Loan Type | Security Type | Interest Rate | Max LVR | |
---|---|---|---|---|---|
Bank | Low Doc Variable From | Residential Security | 5.09% to 6.25% | Up to 80% | Enquire |
Bank | Low Doc Fixed Rate From | Residential Security | From 4.79% | 60% to 80% | Enquire |
Bank | Lease Doc Variable | Commercial Security | 5.09% to 6.25% | Up to to 80% | Enquire |
Non Bank | No Doc | Commercial Security | 8.25% | Up to to 65% | Enquire |
Bank | 1 Year Fixed Rate From | Commercial Security | From 4.79% | 60% to 80% | Enquire |
Bank | 2 Year Fixed Rate From | Commercial Security | From 5.19% | 60% to 80% | Enquire |
Bank | 3 Year Fixed Rate From | Commercial Security | From 5.04% | 60% to 80% | Enquire |
Bank | 5 Year Fixed Rate From | Commercial Security | From 5.54% | 60% to 80% | Enquire |
Commercial Low Doc Loan Quotes
Please Note: that the above interest rates are only examples. Interest rate vary according to security type, property type, borrow amount against the properties value, loan amount, location, use and purpose.
Please complete our online form so we can assess and discuss your full doc commercial lending needs.
For further information regarding commercial finance please visit out commercial loans website.