commercial loans – best rates? | Page 2

Viewing 10 posts - 21 through 30 (of 30 total)

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thecrest
Participant
@thecrest
Join Date: 2004
Post Count: 992
February 5, 2014 - 2:53 pm
RBA held rates again, is another cut possible ?
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
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selling motels in NSW
Alistair Perry
Participant
@aperry
Join Date: 2004
Post Count: 891
February 5, 2014 - 11:11 pm
CBA rate specials, mentioned above, have been extended to the end of this month.
VijayGopinath
Member
@vijaygopinath
Join Date: 2008
Post Count: 6
February 8, 2014 - 6:02 pm
i just think most people dont seem to understand that the fees and charges can equal .5-1% extra on the true cost.
PropertyGuts
Participant
@propertyguts
Join Date: 2010
Post Count: 57
February 12, 2014 - 10:03 am
Context is everything. Are we comparing apples with oranges?
It would be useful if commentators could also include with the interest rate; fixed/flexible/IO? type sort of security offered (resi, units, retail, office etc)? LVR? and broker/bank fees?
thecrest
Participant
@thecrest
Join Date: 2004
Post Count: 992
March 6, 2014 - 4:58 am
CBA IO loan $750K against motel lease 5.7% – is that competitive ?
Cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Me
selling motels in NSW
Corey Batt
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@cjaysa
Join Date: 2012
Post Count: 1,010
March 6, 2014 - 6:01 am
What LVR? 15 year term? Most lenders are doing high 5's to low 6's right now, features are becoming more of a competitive space.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
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Investment Focused Finance Strategist - servicing Australia-wide
thecrest
Participant
@thecrest
Join Date: 2004
Post Count: 992
March 6, 2014 - 6:15 am
Ho Corey.
3 yr term.
Cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Me
selling motels in NSW
fxdaemon
Participant
@fxdaemon
Join Date: 2013
Post Count: 114
September 2, 2015 - 11:22 am
Hi,
Is any commercial lender out there who can do the following:
1. 100% LVR based on a strong lease, ie 10+ year lease plus options.
2. Lending based on valuation of CP instead of the usual case of lower of valuation and contract price.
3. Highest LVR for non-recourse loan.
Thanks,
FXD
PropertyGuts
Participant
@propertyguts
Join Date: 2010
Post Count: 57
October 12, 2015 - 6:57 pm
$1.1milll @ 5.395% interest only x 15years
NSW regional retail, LVR 50%
We should be getter better according to mates
Corey Batt
Participant
@cjaysa
Join Date: 2012
Post Count: 1,010
October 12, 2015 - 8:14 pm
Depending on the exact population centre, could shave the rate, increase term and increase LVR for cashout – or a combination of the variables.
Had an approval for 4.5% variable for a client this morning, another last week for mid 5’s. Both great loans for the respective parties, as rate is just one of the considerations at play.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone Me
Investment Focused Finance Strategist - servicing Australia-wide