Commercial Loan Interest Rate Update November 26th 2019

Commercial Loan Interest Rate Update November 26th 2019

Commercial loan lending for the month of November 2019 has seen interest rates slightly decrease but have remained relatively stable.

Below are some of the interest rates that can be sourced depending on your lending requirements and security type.

Lender Loan Type Security Type Interest Rate Max LVR  
Commercial Reference Rate Variable Interest Rate from Commercial Security 3.40% to 5.47% plus risk margin Up to 75% Enquire
Bank Variable Residential Security 4.19% 80% Enquire
Bank Fixed Rates From Residential Security 4.14% 80% Enquire
Bank Variable Rates From Commercial Security 3.49% – 5.74% Up to 80% Enquire
Bank Lease Doc Variable Commercial Security 4.39% – 5.99% 60% to 80% Enquire
Bank Commercial Equity Loan From Commercial Security 4.69% to 6.25% 60% to 80% Enquire
Bank 1 Year Fixed Rate From Commercial Security 3.85% – 6.01% Up to 80% Enquire
Bank 2 Year Fixed Rate From Commercial Security 3.68% – 5.83% Up to 80% Enquire
Bank 3 Year Fixed Rate From Commercial Security 3.48% – 5.74% Up to 80% Enquire
Bank 4 Year Fixed Rate From Commercial Security 3.65% – 5.14% Up to 80% Enquire
Bank 5 Year Fixed Rate From Commercial Security 3.74% – 5.24% Up to 80% Enquire
Various Lenders Development Rate From Commercial Security from 3.70% Up to 75% Enquire
Non Bank SMSF Self Managed Super Fund Commercial Security from 4.95% Up to 70% Enquire

Please Note: that the above interest rates are only examples. Interest rates are subject to change and vary according to security type, property type, borrow amount against the properties value, loan amount, location, use and purpose. Please complete an online form so we can assess your commercial lending needs

If you have any questions about these announcements or interest rates, please feel free to contact us.

Calculate the cost of commercial lending please feel free to use one of our calculators at commercial loan calculators.

For more information regarding commercial finance loans for owner occupied and investment purposes please visit commercial loans website 

 

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