No Documentary Proof of Income
– Commercial Loans

Who is this for?
Uncoded Loans – Business Purposes – Non NCCP Loans

LVR:
Up to 60% LVR

Rates From:
5.95% at 40% LVR to 6.7% at 60% LVR

Zoning:
Commercial and Industrial and Residential

Borrowing Entities:
Companies and Trusts

Purpose:
Purchase / Refinance / Consolidation / Equity Takeout
Business or Investment

Servicing Requirements:
Latest Loan Statement (if refinancing)

Clawbacks:
Not Applicable as no trailer income is paid

Credit Impairments:
On a case-by-case basis

Lenders Settlement:
1-1.25% from settlement

Application Fees:
$795

Union Fidelity:
1.1% from settlement.
0.1% of loan amount Processing Fee. (min $990)

Introducing Broker:
1.1% from settlement

Valuations:
Std Commercial From $1 per $1000 in value with no travel

Legal Fees
Std Fees From $650 with no existing mortgage