Commercial Rate Watch
Note 1: All products (except Red) offer the same rates for P&I and Interest Only on Commercial Securities. Risk Fee is shown on Line 3 (below maximum loan size).
Note 2: Rates and fees are subject to change at any time without notice.
Note 3: There are no annual reviews - they are Set & Forget facilities using commercial property as security. There are no Fixed & Floating Charges over business assets. No Revaluations. Cash Out allowed on most loans.
Note 4: Commercial construction and vacant land can be found in Construction/Land Rate Watch.
Alt Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Navy (BC Invest) | Navy Comm Altdoc | 8.45% $3,000,000 [0.50%] | 8.45% $3,000,000 [0.50%] | 8.75% $2,000,000 [1.00%] | 8.95% $2,000,000 [1.25%] | 19 Aug 2024 | 31 Dec 2024 | Nil mths | Nil | 990 | OO, INV | PI | 24 mths | 30 yrs | $3,000,000 | App Fee $990 | Min. Term - 3 Yrs | Int Only Loading WAIVED to 31Dec24 | Offset not available | Metro Locations only | IO Bullet Available | 1.3x ITC | | ||||
| Ocean (ORDE) | Comm Diamond A Altdoc | 8.49% $2,000,000 [N/A] | 8.69% $2,000,000 [N/A] | 8.99% $2,000,000 [N/A] | 9.24% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.00% | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations | 1.4x Int Cover using Net Rent & Actual rate | Refer Cash Out | 3 yrs incl options to run | No Proof of Lease Payments Required | New Purchase OK | App Fee 1.00% | ERF Waiver Fee - add 0.50% to App Fee | | ||||
| Purple (La Trobe) | Comm A Altdoc | 8.64% $3,000,000 | 8.79% $3,000,000 | 9.04% $3,000,000 | 9.14% $3,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | ||||
| Purple (La Trobe) | Comm A Altdoc Max | 8.94% $5,000,000 | 8.94% $5,000,000 | 9.04% $5,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | |||||
| Red (RedZed) | Comm Prime Altdoc PI | 8.70% $3,000,000 [N/A] | 8.70% $3,000,000 [N/A] | 8.89% $3,000,000 [N/A] | 9.04% $3,000,000 [N/A] | 9.29% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 1.00% | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | App Fee: 1.0% | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | Fixed Val Fees to $2.0m. | OFFSET ACCOUNT | | |||
| Investor | ||||||||||||||||||||
| Navy (BC Invest) | Navy Comm Altdoc | 8.45% $3,000,000 [0.50%] | 8.45% $3,000,000 [0.50%] | 8.75% $2,000,000 [1.00%] | 8.95% $2,000,000 [1.25%] | 19 Aug 2024 | 31 Dec 2024 | Nil mths | Nil | 990 | OO, INV | PI | 24 mths | 30 yrs | $3,000,000 | App Fee $990 | Min. Term - 3 Yrs | Int Only Loading WAIVED to 31Dec24 | Offset not available | Metro Locations only | IO Bullet Available | 1.3x ITC | | ||||
| Ocean (ORDE) | Comm Diamond A Altdoc | 8.49% $2,000,000 [N/A] | 8.69% $2,000,000 [N/A] | 8.99% $2,000,000 [N/A] | 9.24% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.00% | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations | 1.4x Int Cover using Net Rent & Actual rate | Refer Cash Out | 3 yrs incl options to run | No Proof of Lease Payments Required | New Purchase OK | App Fee 1.00% | ERF Waiver Fee - add 0.50% to App Fee | | ||||
| Purple (La Trobe) | Comm A Altdoc | 8.64% $3,000,000 | 8.79% $3,000,000 | 9.04% $3,000,000 | 9.14% $3,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | ||||
| Purple (La Trobe) | Comm A Altdoc Max | 8.94% $5,000,000 | 8.94% $5,000,000 | 9.04% $5,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | |||||
| Red (RedZed) | Comm Prime Altdoc PI | 8.70% $3,000,000 [N/A] | 8.70% $3,000,000 [N/A] | 8.89% $3,000,000 [N/A] | 9.04% $3,000,000 [N/A] | 9.29% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 1.00% | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | App Fee: 1.0% | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | Fixed Val Fees to $2.0m. | OFFSET ACCOUNT | | |||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Comm Emerald B Altdoc | 8.89% $2,000,000 [N/A] | 9.09% $2,000,000 [N/A] | 9.39% $2,000,000 [N/A] | 9.64% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.00% | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only | 1.25% App Fee. | ||||
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Comm Emerald B Altdoc | 8.89% $2,000,000 [N/A] | 9.09% $2,000,000 [N/A] | 9.39% $2,000,000 [N/A] | 9.64% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.00% | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only | 1.25% App Fee. | ||||
Full Doc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Navy (BC Invest) | Navy Commercial | 7.95% $3,000,000 [0.50%] | 8.25% $2,000,000 [1.00%] | 8.45% $2,000,000 [1.25%] | 19 Aug 2024 | 31 Dec 2024 | Nil mths | Nil | 990 | OO, INV | PI | 24 mths | 30 yrs | $3,000,000 | App Fee $990 | Min. Term - 3 Yrs | Add 0.30% for Int Only | Offset not available | Metro Locations only | IO Bullet Available | 1.3x ITC | 😊😊 | |||||
| Ocean (ORDE) | Comm Diamond A | 8.09% $2,000,000 [N/A] | 8.14% $2,000,000 [N/A] | 8.34% $2,000,000 [N/A] | 8.64% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 0.85% | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | 1.0% App Fee | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only. | ERF Waiver Fee - add 0.50% to App Fee | | ||||
| Purple (La Trobe) | Comm FD Max A | 8.44% $5,000,000 | 8.64% $5,000,000 | 8.84% $5,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | |||||
| Purple (La Trobe) | Comm Full Doc A | 8.14% $3,000,000 | 8.39% $3,000,000 | 8.39% $3,000,000 | 8.64% $3,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | ||||
| Red (RedZed) | Comm Prime - Interest Only | 8.45% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.75% $3,000,000 [N/A] | 8.75% $3,000,000 [N/A] | 9.15% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 0.75% | OO, INV | IO | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | OFFSET ACCOUNT | INTEREST ONLY | | |||
| Red (RedZed) | Comm Prime PI | 8.15% $3,000,000 [N/A] | 8.15% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.85% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 0.75% | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | App Fee: 0.75% | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | Fixed Val Fees to $2.0m. | OFFSET ACCOUNT | | |||
| Investor | ||||||||||||||||||||
| Navy (BC Invest) | Navy Commercial | 7.95% $3,000,000 [0.50%] | 8.25% $2,000,000 [1.00%] | 8.45% $2,000,000 [1.25%] | 19 Aug 2024 | 31 Dec 2024 | Nil mths | Nil | 990 | OO, INV | PI | 24 mths | 30 yrs | $3,000,000 | App Fee $990 | Min. Term - 3 Yrs | Add 0.30% for Int Only | Offset not available | Metro Locations only | IO Bullet Available | 1.3x ITC | 😊😊 | |||||
| Ocean (ORDE) | Comm Diamond A | 8.09% $2,000,000 [N/A] | 8.14% $2,000,000 [N/A] | 8.34% $2,000,000 [N/A] | 8.64% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 0.85% | OO, INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | 1.0% App Fee | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only. | ERF Waiver Fee - add 0.50% to App Fee | | ||||
| Purple (La Trobe) | Comm FD Max A | 8.44% $5,000,000 | 8.64% $5,000,000 | 8.84% $5,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | |||||
| Purple (La Trobe) | Comm Full Doc A | 8.14% $3,000,000 | 8.39% $3,000,000 | 8.39% $3,000,000 | 8.64% $3,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | OO, INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | Most major regional locations considered | Will accept loans in individual names | 1.50% App Fee | ||||
| Red (RedZed) | Comm Prime - Interest Only | 8.45% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.75% $3,000,000 [N/A] | 8.75% $3,000,000 [N/A] | 9.15% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 0.75% | OO, INV | IO | 12 mths | 30 yrs | $3,000,000 | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | OFFSET ACCOUNT | INTEREST ONLY | | |||
| Red (RedZed) | Comm Prime PI | 8.15% $3,000,000 [N/A] | 8.15% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.45% $3,000,000 [N/A] | 8.85% $3,000,000 [N/A] | 26 Aug 2024 | - | Reducing - 24 mths | 0.30% | 0.75% | OO, INV | PI | 12 mths | 30 yrs | $3,000,000 | App Fee: 0.75% | Legals: $995 Individual Borrowers | $1200 Company Borrowers | $1500 Trustee & Trust Borrowers | Fixed Val Fees to $2.0m. | OFFSET ACCOUNT | | |||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Owner Occupier | ||||||||||||||||||||
| Ocean (ORDE) | Comm Emerald B | 8.49% $2,000,000 [N/A] | 8.54% $2,000,000 [N/A] | 8.74% $2,000,000 [N/A] | 9.04% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.25% | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only | 1.25% App Fee. | ||||
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Comm Emerald B | 8.49% $2,000,000 [N/A] | 8.54% $2,000,000 [N/A] | 8.74% $2,000,000 [N/A] | 9.04% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.25% | OO, INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | 1.25x ITC | ERF applies individual & company applicants | Cat 1 & 2 locations only | 1.25% App Fee. | ||||
Leasedoc
Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investor | ||||||||||||||||||||
| Navy (BC Invest) | Navy Leasedoc | 8.09% $3,000,000 [N/A] | 8.09% $3,000,000 [0.50%] | 8.39% $3,000,000 [1.00%] | 19 Aug 2024 | 31 Dec 2024 | Nil mths | 0.30% | 990 | INV | PI | 24 mths | 30 yrs | $3,000,000 | App Fee $550 | Min. Term - 3 Yrs | Add 0.30% for Int Only | Offset not available | Metro Locations only | IO Bullet Available | 1.3x ITC | Can accept New Lease with min 1 Yr term | | |||||
| Ocean (ORDE) | Diamond A Leasedoc | 8.09% $2,000,000 [N/A] | 8.14% $2,000,000 [N/A] | 8.34% $2,000,000 [N/A] | 8.64% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 0.85% | INV | IO, PI | 24 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations | 1.4x Int Cover using Net Rent & Actual rate | Refer Cash Out | 3 yrs incl options to run | No Proof of Lease Payments Required | New Purchase OK | App Fee 1.00% | ERF Waiver Fee - add 0.50% to App Fee | | ||||
| Purple (La Trobe) | Leasedoc A | 8.14% $3,000,000 | 8.39% $3,000,000 | 8.39% $3,000,000 | 8.64% $3,000,000 | 4 Jun 2024 | - | Reducing - 24 mths | Nil | 1.5% | INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | All locations considered | Individual names OK. | 1.2x Int Cover - actual rate & repayments using Net Rent | 1 Yr to run | Min 6 mths proof of payments | Related parties allowed | App Fee 1.50% | ||||
| Purple (La Trobe) | Leasedoc A Max | 8.44% $5,000,000 | 8.64% $5,000,000 | 8.84% $5,000,000 | 4 Jun 2024 | - | Nil mths | Nil | 1.5% | INV | IO, PI | 12 mths | 30 yrs | $5,000,000 | All locations considered. Individual names OK. 1.2x Int Cover - actual rate & repayments using Net Rent. 1 Yr to run ; Min 6 mths proof of payments. Related parties allowed. | |||||
Near Prime
| Loan Type | Loan Name | 50% | 55% | 60% | 65% | 70% | 75% | 80% | Eff Date | Promo Exp | Clawback | IO Load | App Fee | Occupancy | Repays | ABN | Max Term | Max Loan | Notes | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investor | ||||||||||||||||||||
| Ocean (ORDE) | Emerald B Leasedoc | 8.49% $2,000,000 [N/A] | 8.54% $2,000,000 [N/A] | 8.74% $2,000,000 [N/A] | 9.04% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.25% | INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations only | 1.4x Int Cover using Net Rent | Actual rate | 2 yrs incl options to run | App Fee 1.25% to 70% LVR | ||||
| Ocean (ORDE) | Onyx C Leasedoc | 8.99% $2,000,000 [N/A] | 9.04% $2,000,000 [N/A] | 9.24% $2,000,000 [N/A] | 12 Nov 2024 | - | Nil mths | Nil | 1.50% | INV | IO, PI | 12 mths | 30 yrs | $2,000,000 | Cat 1 & 2 locations only. 1.4x Int Cover using Net Rent | Actual rate. Refer Cash Out. New Lease or <1yr incl options to run. | |||||
| Purple (La Trobe) | Leasedoc B | 8.44% $3,000,000 | 8.64% $3,000,000 | 8.74% $3,000,000 | 9.04% $3,000,000 | 4 Jun 2024 | - | Reducing - 24 mths | Nil | 1.5% | INV | IO, PI | 12 mths | 30 yrs | $3,000,000 | All locations considered. Individual names OK. 1.2x Int Cover - actual rate & repayments using Net Rent. 1 Yr to run ; Min 6 mths proof of payments. Related parties allowed. | ||||