La Trobe Financial Product Details:
COMMERCIAL LENDING

Product Name Lease Doc Lite Doc® SMSF
Current Rate^ 6.99% 6.99% 6.99%
Comparison Rate* n/a n/a n/a
SecurityType Commercial security Commercial security Commercial security
Loan Purpose Purchase, Refinance and Debt consolidation Purchase or refinance commercial property including retail shops, offices, light industrial, and warehouses. Purchase & Refinance of Investment
Verification Required Full lease agreement Accountant's letter & Borrower declaration 80% Rental Income. SMSF Contribution Statement. Income deemed at 3.9%
Personal or Business/Investment Purposes Both Both Business/Invesment only
Minimum Loan Amount $100,000 $100,000 $100,000
Maximum Loan Amount $5,000,000 (65% LVR)
$2,000,000 (70% LVR)
$5,000,000 (65% LVR)
$2,000,000 (70% LVR)
$5,000,000 (65% LVR)
$2,000,000 (70% LVR)
Maximum LVR 70% 70% 70%
Lenders Mortgage Insurance required No No No
Maximum Loan Term 25 Years 25 Years 25 Years
Repayment Type Interest Only Principal & Interest Only Principal & Interest Only
Maximum Interest Only Term 5 Years 5 Years 5 Years
Interest Rate Type Variable Variable Variable
Redraw Available No No No
Application Fee (excl. Val. & Legal Fees) from 1.25% of the loan amount from 1.25% of the loan amount from 1.25% of the loan amount
Risk Fee $0 $0 $0
Additional Repayments No No No

* The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply. ^ Depends on loan amount and risk grade of borrower.