Accept Commercial& Residential security
Purchase and Refinance
Max loan amount unto $500K
Max LVR up to 80%
Interest Rate From 5.34% P.A.
Comparison Rate From 5.59%P.A.
Interest Rate From 5.34% P.A.
Comparison Rate From 5.59%P.A.
Security type | Residential & Commercial |
Loan Amount | $100,000 to $1,000,000 |
Maximum LVR | 80% (LMI applied over LVR 70%) |
Loan Term | Up to 30 years |
Borrower Type | MSF Trustee/s |
Loan Purpose | New purchase or Refinance |
Repayment Method | Direct debit from nominated bank account |
Redraw | N/A |
Interest Structure | Principal & Interest and Interest Only |
Residential (LVR<=75%) | 6.24% P.A. |
Commercial (LVR<=70%) | 6.29% P.A. |
Application fee | N/A |
Interest Only Loading | N/A |
Serviceability:
80% of rental income from investment properties held by the SMSF.
Mandatory superannuation contributions (currently 9.50% of annual salary) to be included and verified over a 2 year period
Regular additional contributions made to superannuation or other personal investments or savings verified over a 2 year period
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.