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  1. J

    When does it become a commercial loan?

    OK, that's interesting. Will certainly have to confirm zoning and existing DAs on each property. What happens if you get a resi loan and then the lender finds out it's being used for commercial? Will most of them want to reduce the LVR? Thanks
  2. J

    When does it become a commercial loan?

    Right, so anything mixed use/commercial/in1/in2/b5 business development etc is a commercial loan? What if it's a resi zoning but previous DA approval for, say, a medical consultant. You buy it as a house on a resi loan. You then lease it to a dentist/doctor/physio etc. Would this only get...
  3. J

    When does it become a commercial loan?

    I've seen two properties advertised recently which have got me thinking: 1) Townhouse at front of complex with a room which was previously used as a commercial premises. Could be rented to a hairdresser or small office and has separate entrance etc from the residence. 2) Corner block with...
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