Low Doc Commercial Property Loans Overview

What do Low Doc commercial lenders look for?   With Low Doc Commercial property loans, as well as sound commercial security, lenders need to know the borrower can afford to pay the loan. For this reason they focus on the  income, through the

Last BAS Return  looking at how much sales have been for the last quarter. or

Last 4 BAS Returns  they look at how much sales have been for the last year. or

Accountants Declaration  to verify income.

Loan size   Minimum loan size is $300,000.  Most Low Doc commercial finance is done up to $1m.  However there is no maximum loan size.

Term   From 1 year to 30 years. For Low Doc commercial property loans the lenders are looking at the income streams. Normally owner occupied commercial loans are done for a longer term.

  • LVR 
  • 80% up to $1m
  • 75% up to $3m
  • 70% up to $5m
  • 65% unlimited, and assessed on its merits

Indicative Low Doc Commercial Rates  As a guide, for standard low doc commercial properties, variable rates normally sit between 4.5% to 6.5%. 

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