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Re: Can't find commercial loan rates

Posted: Thu Feb 18, 2016 8:02 am
by Otto Dargan
Hello Lei. Welcome to the forums.

Banks don't usually publish commercial loan interest rates because in most cases, it depends on the size of the loan, equity position and overall strength of your loan application.

This is why we have a list of rates, where lenders do have set pricing, and you can find it published on our commercial loan interest rates page.

You can also find rates for low doc as well as no doc commercial loans in the page. However, please note that it must be used as a guide only and so applicable rates may be different depending on your personal situation.

Cheers,
Otto

Re: Can't find commercial loan rates

Posted: Tue Feb 23, 2016 2:06 pm
by Otto Dargan
Hi Speed of Sound Sonic,

Yes, we do have an LMI rates table, which you can refer to.

However, it should be noted that the premium tables include rates used by one of our lenders and so must be used as a guide only since premiums vary between different lenders and mortgage insurers.

If you have any trouble with the rates, you can try our LMI calculator or call us on 1300 889 743 to discuss your situation directly with one of our credit specialists. You can also enquire online.

Cheers,
Otto