Our Alt Doc Commercial product range was designed to be a flexible alternate verification loan with a maximum LVR of 80%.

Suitable for self employed investors, owner-occupiers who are unable to provide 2 years tax return and financials, and those who have been self employed in their current business for less than 2 years. 

Our Alt Doc Commercial Loan also allows for declared income to be supported by an Accountant’s Letter or 6 months business trading statements or 2 most recent BAS statements.

Some product highlights include:

• Self employed borrowers only (PAYG co-borrowers acceptable)
• Loan terms 3-25 years
• Interest Only up to 5 years
• No annual reviews or valuations
• Redraw available
• Maximum loan amount $4m
• LVR based upon Real Estate value only
• Purchase or refinance of existing dwellings (no vacant land or construction)
• Cash out acceptable
• Minor defaults under $1k considered
• Minimum Self Employed period 12 months
• Category 1, 2, 3 locations (LVR restrictions apply)

The Lease Doc Commercial Loan is a flexible loan ideally suited for purchase, refinance or equity release with no income verification other than rental income derived from the security property. Suited to PAYG or Self Employed investors who are unable or unwilling to provide any form of income verification and want the security of a ‘set and forget’ loan without the need for annual reviews and line fees.

The Lease Doc Commercial Loan also offers no minimum Self Employment term.

Some product highlights include:

• Maximum LVR 70%
• Lease must have a minimum 24 months remaining and must be arms length
• Gross rental income from security property must be able to service proposed debt at 1.5 times
• Loan terms up to 20 years
• No annual reviews or valuations
• Redraw available (minimum $2,000)
• Maximum loan amount $2m
• LVR based upon Real Estate value only
• Purchase or refinance of existing dwellings (no vacant land or construction)
• Cash out acceptable
• Minor defaults considered
• Capital cities and major regional centres only