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Commercial Construction

Finexim offers Commercial Construction loan may suit borrowers looking to complete small development projects – up to 10 units.

Current rate: 7.5 - 10.5%^

Application of terms, conditions, fees, charges and lending criteria usually based on risk grade of borrowers.

Details of Loan:
Loan Purpose Construction - up to 10 units
Verification Required Full and Low Doc methods available
Minimum Loan Amount $100,000
Maximum Loan Amount $5,000,000 (65% LVR)
$2,000,000 (70% LVR)
Maximum LVR 70%
Lenders Mortgage Insurance required No
Maximum Loan Term 2 Years
Repayment Type Interest Only
Maximum Interest Only Term 2 Years
Interest Rate Type Variable
Redraw Available No
Application Fee (excl. Val. & Legal Fees) from 1.50% of the loan amount
Risk Fee $0

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