Alistair PerryParticipant@aperryJoin Date: 2004Post Count: 891
CBA rate specials, mentioned above, have been extended to the end of this month.VijayGopinathMember@vijaygopinathJoin Date: 2008Post Count: 6
i just think most people dont seem to understand that the fees and charges can equal .5-1% extra on the true cost.PropertyGutsParticipant@propertygutsJoin Date: 2010Post Count: 57
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?Corey BattParticipant@cjaysaJoin Date: 2012Post Count: 1,010fxdaemonParticipant@fxdaemonJoin Date: 2013Post Count: 114
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.
FXDPropertyGutsParticipant@propertygutsJoin Date: 2010Post Count: 57
$1.1milll @ 5.395% interest only x 15years
NSW regional retail, LVR 50%
We should be getter better according to matesCorey BattParticipant@cjaysaJoin Date: 2012Post Count: 1,010
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.
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