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Maximum Loan Term is the lesser of 5 years, or the shortest remaining term of the lease (exclusive of options).Return
LVR 55% for Strip Retail or CBD Retail Assets (retail premises in major Central Business District areas or main predominant area of town - where there is no anchor tenant).Return
For example, simplified lending criteria apply to investors acquiring property for leasing to unrelated third parties, minimum servicing test (interest cover ratio) applies and security property must be standard commercial property (some exceptions apply).Return
If the bank statements do not set out the minimum repayment amount, this information will need to be provided separately (e.g. copy of letter of offer or notice, or screenshot of account details, showing the amount).Return
Your client can apply using ANZ’s rapid refinance process if: