Commercial Loan Update October 2016
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The past month has seen variable commercial property loan interest rates fall inline with the Reserve Bank of Australia’s decision to reduce interest rate in August. Fixed rates have also fallen but we see a slight increase in the 5 years fixed rate across the board.
Similarly, low doc commercial rates and business loans have followed a similar trend.
To view more information regarding commercial lending please visit our commercial loans website.
Lender | Loan Type | Security Type | Interest Rate | Max LVR | |
Bank | Variable | Residential Security | 4.29% | 80% | Enquire |
Bank | Fixed Rates From | Residential Security | 4.29% | 80% | Enquire |
Bank | Variable Rates From | Commercial Security | 4.49% | 60-75% | Enquire |
Bank | Variable Rates to $1,000,000 | Commercial Security | 4.59% | 60%-80% | Enquire |
Bank | Commercial Equity Loan From | Commercial Security | 6.75% | 60% to 75% | Enquire |
Bank | 1 Year Fixed Rate From | Commercial Security | 4.60% | 75% | Enquire |
Bank | 2 Year Fixed Rate From | Commercial Security | 4.70% | 75% | Enquire |
Bank | 3 Year Fixed Rate From | Commercial Security | 4.70% | 70-75% | Enquire |
Bank | 5 Year Fixed Rate From | Commercial Security | 5.04% | 75% | Enquire |
Please Note: that the above interest rates are only examples at the time of publication. Interest rates vary according to security type, property type, borrow amount against the property’s value, loan amount, location, use and purpose. Please speak to a qualified commercial lending specialist to see if you qualify for any of the interest rates shown above.
For more information regarding commercial lending please visit our commercial loans website.
Our advisers can source commercial finance from the big banks plus many other lenders that cannot be found on the internet.