Commercial Rate Watch
Note 1: All products (except RedZed) offer the same rates for P&I and Interest Only on Commercial Securities.
Note 2: Rates and fees are subject to change at any time without notice.
Note 3: There are no annual reviews - they are Set & Forget facilities using commercial property as security. There are no Fixed & Floating Charges over business assets. No Revaluations. Cash Out allowed on most loans.
Note 4: Commercial construction and vacant land can be found in Construction/Land Rate Watch.
Alt Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Comm Diamond A Altdoc | 8.24% $2,000,000 | 8.44% $2,000,000 | 8.74% $2,000,000 | 8.99% $2,000,000 | 28 Sep 2023 | - | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | 1.25x ITC. ERF applies individual & company applicants. Cat 1 & 2 locations only. | |||
| Purple (La Trobe) | Comm A Altdoc | 8.34% $3,000,000 | 8.39% $3,000,000 | 8.54% $3,000,000 | 8.79% $3,000,000 | 1 Nov 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered. Will accept loans in individual names. | |||
| Purple (La Trobe) | Comm A Altdoc Max | 8.54% $5,000,000 | 8.64% $5,000,000 | 8.79% $5,000,000 | 1 Nov 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered. Will accept loans in individual names. | ||||
| Red (RedZed) | Comm Prime Altdoc - Interest Only | 8.55% $3,000,000 | 8.55% $3,000,000 | 8.74% $3,000,000 | 8.89% $3,000,000 | 9.14% $3,000,000 | 31 Oct 2023 | - | OO, INV | IO | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers. | ||
| Red (RedZed) | Comm Prime Altdoc PI | 8.30% $3,000,000 | 8.30% $3,000,000 | 8.49% $3,000,000 | 8.64% $3,000,000 | 8.89% $3,000,000 | 31 Oct 2023 | - | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers. |
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Comm Emerald B Altdoc | 8.64% $2,000,000 | 8.84% $2,000,000 | 9.14% $2,000,000 | 9.39% $2,000,000 | 28 Sep 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC. ERF applies individual & company applicants. Cat 1 & 2 locations only. |
Full Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Comm Diamond A | 7.84% $2,000,000 | 7.89% $2,000,000 | 8.09% $2,000,000 | 8.39% $2,000,000 | 28 Sep 2023 | - | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | 1.25x ITC. ERF applies individual & company applicants. Cat 1 & 2 locations only. | |||
| Purple (La Trobe) | Comm A | 7.84% $3,000,000 | 8.04% $3,000,000 | 8.04% $3,000,000 | 8.29% $3,000,000 | 1 Nov 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered. Will accept loans in individual names. | |||
| Purple (La Trobe) | Comm A Max | 8.04% $5,000,000 | 8.04% $5,000,000 | 8.44% $5,000,000 | 1 Nov 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered. Will accept loans in individual names. | ||||
| Red (RedZed) | Comm Prime - Interest Only | 8.15% $3,000,000 | 8.15% $3,000,000 | 8.45% $3,000,000 | 8.45% $3,000,000 | 8.85% $3,000,000 | 31 Oct 2023 | - | OO, INV | IO | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers. | ||
| Red (RedZed) | Comm Prime PI | 7.90% $3,000,000 | 7.90% $3,000,000 | 8.20% $3,000,000 | 8.20% $3,000,000 | 8.60% $3,000,000 | 31 Oct 2023 | - | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers. |
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Comm Emerald B | 8.24% $2,000,000 | 8.29% $2,000,000 | 8.49% $2,000,000 | 8.79% $2,000,000 | 28 Sep 2023 | - | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC. ERF applies individual & company applicants. Cat 1 & 2 locations only. |
Leasedoc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Diamond A Leasedoc | 7.84% $2,000,000 | 7.89% $2,000,000 | 8.09% $2,000,000 | 8.39% $2,000,000 | 28 Sep 2023 | - | INV | PI | 24 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations. 1.4x Int Cover using Net Rent | Actual rate. Refer Cash Out. 3 yrs incl options to run. No Proof of Lease Payments Required. New Purchase OK. | |||
| Purple (La Trobe) | Leasedoc A | 7.84% $3,000,000 | 8.04% $3,000,000 | 8.04% $3,000,000 | 8.29% $3,000,000 | 1 Nov 2023 | - | INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | All locations considered. Individual names OK. 1.2x Int Cover - actual rate & repayments using Net Rent. 1 Yr to run ; Min 6 mths proof of payments. Related parties allowed. | |||
| Purple (La Trobe) | Leasedoc A Max | 8.04% $5,000,000 | 8.34% $5,000,000 | 8.44% $5,000,000 | 1 Nov 2023 | - | INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | All locations considered. Individual names OK. 1.2x Int Cover - actual rate & repayments using Net Rent. 1 Yr to run ; Min 6 mths proof of payments. Related parties allowed. | ||||
| Red (RedZed) | Leasedoc A - Int Only | 8.15% $3,000,000 | 8.15% $3,000,000 | 8.60% $3,000,000 | 8.60% $3,000,000 | 8.85% $3,000,000 | 31 Oct 2023 | - | INV | IO | 12 mths | 30 yrs | $3,000,000 | Cat 1 & 2 locations only. Refer Calculator. Gross Rent | Stress Rate. $250k Cash Out. 2 yrs to run. | ||
| Red (RedZed) | Leasedoc Prime PI | 7.90% $3,000,000 | 7.90% $3,000,000 | 8.35% $3,000,000 | 8.35% $3,000,000 | 8.60% $3,000,000 | 31 Oct 2023 | - | INV | PI | 12 mths | 30 yrs | $3,000,000 | Cat 1 & 2 locations only. Refer Calculator. Gross Rent | Stress Rate. $250k Cash Out. 2 yrs to run. |
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Effective Date | Clawback | Occupancy | Repayments | ABN Period | Max Term | Max Loan | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ocean (ORDE) | Emerald B Leasedoc | 8.24% $2,000,000 | 8.29% $2,000,000 | 8.49% $2,000,000 | 8.79% $2,000,000 | 28 Sep 2023 | - | INV | PI | 12 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations only. 1.4x Int Cover using Net Rent | Actual rate. Refer Cash Out. 2 yrs incl options to run. | |||
| Ocean (ORDE) | Onyx C Leasedoc | 8.74% $2,000,000 | 8.79% $2,000,000 | 8.99% $2,000,000 | 28 Sep 2023 | - | INV | PI | 12 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations only. 1.4x Int Cover using Net Rent | Actual rate. Refer Cash Out. New Lease or <1yr incl options to run. | ||||
| Purple (La Trobe) | Leasedoc B | 8.09% $3,000,000 | 8.29% $3,000,000 | 8.39% $3,000,000 | 8.69% $3,000,000 | 1 Nov 2023 | - | INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | All locations considered. Individual names OK. 1.2x Int Cover - actual rate & repayments using Net Rent. 1 Yr to run ; Min 6 mths proof of payments. Related parties allowed. |