Max LVR up to 80%
Max loan amount up to $1,500,000
Provides funding for future development(Residential)
Declaration of Financial position & Accountant letter
Interest Rate From 6.10% P.A.
Comparison Rate From 6.19%P.A.
Interest Rate From 6.10% P.A.
Comparison Rate From 6.19%P.A.
Security type | Residential & Commercial |
Loan Amount | Up to $1,500,000 |
Maximum LVR | 80% |
Loan Term | Up to 30 years Interest rate loading of 0.5% applies for loan terms <=5 years |
Borrower Type | Individual, Company or Trust |
Loan Purpose | Provides funding for acquisition of residential securities assessed as suitable for future development |
Maximum Land Size | 1 acre |
Redraw | N/A |
Credit Profile | Prime Paid default up to $500 |
Owner Occupied (LVR<=80%) | 6.10% P.A. |
Investment (LVR<=80%) | 6.10% P.A. |
Application fee | 1.70% |
Interest Only Loading | 0.30% |
Declaration of Financial position plus two of:
LoanOne Accountants Letter
6 months BAS
6 months bank statements
Recommend serviceability pass rate NDI 1.1:1
We take 60% of proposed rental income and 80% of existing rental income into servicing for investment property.