Tag: lender features

Commercial Solar Panel & LED Lighting Finance
Asset Equipment Finance, Business, Lender features, Loan, Mortgage, Property, Technology | March 4, 2015
Commercial Solar Panel & LED Lighting Finance

What Energy Assets can we finance? Solar Systems and Energy Efficient Lighting (LED) are the primary focus. Other energy assets can be considered on a case by case basis. If requesting finance for assets outside of solar systems and LED lighting, please contact us with the following details so a pre-assessment can be conducted: • asset description • unit cost…

How Much Deposit Do I Need To Buy a House In Australia?
Investing, Lender features, Loan, Mortgage, Property | March 1, 2015
How Much Deposit Do I Need To Buy a House In Australia?

It is commonly accepted that to avoid paying Lenders Mortgage Insurance (LMI) on a home loan you must contribute a minimum 20% deposit of the property’s purchase price. A deposit of 20% equates to an Loan to Value Ratio (LVR) of 80%. If your loan is above 80% LVR then in most cases (for example Medical professionals/graduates can borrow up…

Suburb reports in Real Estate for Australia
Business, Investing, Loan, Mortgage, Property | February 26, 2015
Suburb reports in Real Estate for Australia
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What Is LMI (Lender's Mortgage Insurance) In Australia
Business, Lender features, Loan, Mortgage | February 17, 2015
What Is LMI (Lender’s Mortgage Insurance) In Australia

What Is LMI in Australia? Lender’s Mortgage Insurance (LMI) is a type of insurance that is used to protect financial institutions and lenders against financial loss when a borrower defaults on a loan and can not pay it back. LMI covers the Lender/Bank against the shortfall that may arise if the following sale of the security property does not cover…

What Does LVR Stand For In a Home Loan?
Business, Lender features, Loan, Mortgage | February 12, 2015
What Does LVR Stand For In a Home Loan?

LVR stands for Loan to Value Ratio. It is the percentage of money that you intend to borrow compared to the overall value of the property. To work out the LVR, divide the amount you are borrowing into the value of the property e.g. It can be calculated using the simple formula: (Property Value – Deposit)/Property Value x 100% The…

How To Get Your Small Business Out Of Debt
Business, Lender features, Loan, Mortgage | January 17, 2015
How To Get Your Small Business Out Of Debt

Does your SME have an outstanding business debt or ATO tax debt? We can refinance business debt up to 80% LVR (loan to value ratio) at residential home loan rates. Cash out for working capital is acceptable up to 80% LVR at residential rates. You can also purchase a business/commercial building with a residential dwelling as a security at up…

Should I Use a Mortgage Broker or a Direct Lender
Lender features, Loan, Mortgage | January 15, 2015
Should I Use a Mortgage Broker or a Direct Lender

The Australian finance industry is one of the most sophisticated, innovated and regulated in the world. It is one of the safest since ASIC (Australian Securities and Investment Commission) introduced new uniform consumer credit laws know as NCCP to protect and inform consumers. Mortgage brokers will get paid a percentage of the total loan amount (from the bank or lender)…

Commercial & Business Vehicle Finance Deals - Low Doc Deal
Asset Equipment Finance, Business, Lender features, Loan | January 12, 2015
Commercial & Business Vehicle Finance Deals – Low Doc Deal

Commercial & Business Vehicle Finance Deals are available for new and used cars for your business: Low doc deal – no financials required • Established in business minimum of 2 years. • Low Doc Maximum amount $100,000 • Applicant / Director / Partner must have reasonable equity in property. Evidence to be provided. Non property owners require 20% deposit •…

Low doc car loans & equipment finance
Asset Equipment Finance, Business, Lender features, Loan, Mortgage | August 23, 2014
Low doc car loans & equipment finance

Low Doc Commercial Asset Equipment and Vehicle Loans – No Financials Required Do you meet the following criteria? Minimum 24 months ABN & GST registration? Purchasing from an authorised supplier (LMCT), dealer, car broker or auction house (Laudiston, Pickles Auctions, etc.)? Asset is a maximum 4 years old? Vehicle/Equipment is less than 4.5 tonne? Cost is a maximum of $100,000?…

Chattel Mortgage Tax Benefits
Asset Equipment Finance, Business, Lender features, Loan, Mortgage | August 15, 2014
Chattel Mortgage Tax Benefits

Chattel mortgage provides finance for companies, trusts and businesses to purchase goods that are used within the business; such as motor vehicles, trucks, earthmoving, industrial plant and professional equipment. The asset must be for business use more than 50% of the time. Tax Implications of Chattel Mortgage This product is a means of minimising capital expenditure for your business, allowing…