Commercial LVR

From: Glenn Mott


I was wondering what LVR banks and finance companies require for commercial property

Glenn
 
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Reply: 1
From: Geoff Whitfield


Glenn,

I enquired about a semi-commercial loan (shop with attached flat) with my bank some months back. The LVR ration was 80%- but the killer was the P & I loan with a 10-year period. That would have made weekly payments on a $200,000 property go from $250pw (IO) to $640 pw.

Geoff
 
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Reply: 2
From: Rolf Latham


Hi Glenn

66 to 80ish LVRs are common, It really depends on the specifics

Ta

Rolf
 
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