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Yes, by straightforward deal, the property must be in a metro area, be tenanted with good lease and have strong interest cover (they ask for 1.3 times, with rate on incoming debt loaded by 2%). They also like LVR's to be limited to 60% or amortised to a 60% lend within 5 years. No problem...

BankWest are still only doing business transactions at the moment, meaning they will not lend for commercial investment properties unless it is to an existing customer. Its very hard to say who is doing the lowest rates as typically each deal is priced individually as a margin over the bank...