• Commercial finance 80 percent LVR

    Obtaining Commercial finance with an 80% LVR (Loan to Valuation Ratio) can be very difficult if you don’t want to add extra security. ┬áCommercial lenders seem to be a lot more conservative than those lending for home purchases. Typically a home loan can borrow up to 95% of the value or purchase price (hopefully the same figure) whereas with a commercial property you are generally limited to around 65% maybe 70% in some cases. Security for Commercial loans can be a wide range of different types of properties from small industrial units to broad acre farms, and there is a different set of rules for each one. ┬áRecently one of…

  • No deposit home loans

    No Deposit Home Loans Many years ago before the GFC, if you had no deposit, it was possible to borrow 100 percent of the cost of a new house. In some cases you could borrow 110 percent to cover the stamp duty and legal costs as well. This was all done using just the house being bought as security. Times have certainly changed since then. The first home owner grant was available on all homes being bought and life was generally good. Since the GFC, lenders don’t offer such loans. However if you want to buy a home and have no deposit then there is still one option that might…