View product matrix below then click on apply if you wish to qualify for this loan and receive a detailed assessment and full cost proposal.

Lease Doc Loans for Commercial Zoned Property.
Lease Doc Commercial Loans are designed for investors with rental producing commercial properties. The Lease Doc product is where servicing is established by income from a quality third party lease servicing the debt without the necessity to provide financials or tax returns or confirmation of other assets or other liabilities.

Lease Doc Loans are another type of commercial property loan that can be useful for self-employed borrowers in Australia. A Lease Doc Loan is designed for borrowers who have been self-employed for at least two years and have a proven track record of rental income. The loan is typically used to purchase commercial property that has a tenant already in place, providing a steady income stream.

To qualify for a Lease Doc Loan, borrowers need to provide the lender with evidence of the rental income, such as a lease agreement or rental statement. The lender will typically require the borrower to have a deposit of at least 20% of the purchase price of the property.

The interest rates for Lease Doc Loans are generally lower than Low Doc Loans, but higher than traditional commercial property loans.

One of the advantages of a Lease Doc Loan is that the lender takes the rental income into account when assessing the borrower’s ability to repay the loan, rather than just relying on the borrower’s personal income. This can make it easier for self-employed borrowers to qualify for the loan.

The majority of lease doc borrowers fall into one of these categories:

  • Self funded retirees.
  • People with a complex financial situation.
  • Self employed borrowers with no income evidence.

Benefits of a Lease Doc Commercial Loan include:

  • LVR’s up to 80%
  • Loan Terms up to 25 years
  • Interest only periods up to 5 years
  • No annual reviews
  • No payslips, tax returns or financial statements are required.

What do Lenders look for in assessing a Lease Doc Commercial Loan?

  • The remaining term of the lease and strength of tenant
  • Only multi use Commercial Investment Securities accepted (non specialised – retail, industrial, office or warehouse) within acceptable locations.
  • Lenders want to see a true arm’s length transaction and confirmation that Lease is executed and a bond paid before formal Approval is Granted
  • The interest cover ratio#

# The interest cover ratio is the number of times that the lease income will cover the loan repayments. Most lenders require 1.1x to 1.5x interest cover ratio.  Assessment may include a buffer of up to 2% above the interest rate and depending on what costs are met by tenants, the lease income maybe reduced by 20%.

Loan purpose Commercial Zoned Properties
Loan term 1 > 25 years.
Interest type Variable rate.
Repayment type Principal & interest, or interest-only up to 5 years then principal & interest.
Repayment options Monthly, fortnightly or weekly.
Repayment method Direct debit only.
Maximum Loan to 80% in high population areas Cat 1 Locations (capital Cities and Major Regional Towns)
Credit history Past credit impairment can be considered at higher rates and fees
Minimum loan size $150,000
Maximum loan sizes $4,000,000 > 75% LVR Cat 1 Location

$3,000,000 > 80% LVR Cat 1 Location

$3,000,000 > 75% LVR Cat 2 Location

$2,000,000 > 70% LVR Cat 3 Location

Acceptable Applicants Individuals, Companies and Trusts
Annual Reviews No Annual Reviews
Cash Out Unlimited Cash out to maximum for all acceptable purposes including business purposes including payout ATO debts, workingcapital and purchasing business equipment.
Acceptable Securities
  • Retail Shops
  • Commercial Offices
  • Industrial Units
  • Factories
  • Shopping Centres
  • Office Buildings up to 5 Floors
  • Warehouses and Workshops
  • Mixed Residential & Commercial Use
  • Medical / Professional Suites
  • Residential Unit Blocks (4 or more)
Debt Consolidation Unlimited to Maximum LVR

*Interest Rates: All rates are subject to change without notice. Please check all rates and terms before applying.
Low Doc loans are designed for the self-employed or small company borrower/s whose financial statements may not be available. Reasons for this may encompass: Their accountant hasn’t completed and lodged their financials.