Resi Commercial Property Loan

Headline interest rate p.a.
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Moneybuddy says

Innovative product from Resi making commercial property investments much more tangible, with the chance to borrow up to **% of a property's value. Genuinely interesting product - a commercial property loan that "acts like a residential home loan".

The Basics

Interest type Variable rate

Headline interest rate p.a. -

Max LVR -

Annual fee -

The cool stuff: features

Draw down loan progressively -

Insurance details No Mortgage Insurance. Title insurance required.

Loan is Transferable Yes

Line of credit available Yes

Product suits Commercial - Retail

The Facts & Figures

Introductory rate p.a. -

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Early repayments Yes

Redraw facility Yes

Repayment holiday -

Ability to split loan Yes

Extra repayments Yes

Offset account available -

Interest only payments Yes

The ugly stuff: fees

Application fee -

Valuation fee -

Subsequent valuation fee -

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* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

Resi says

A commercial property loan that acts like a residential home loan. A truly innovative product, the CPL comes with a whole host of benefits that makes the dream of owning commercial property come true a lot easier that you might think, including: A longer ** year loan period so you can repay the loan over the long-term. Interest only option for up to five years should you need to reduce your repayments. Borrow up to **% of the property's value - from $***,*** to $*,***,***. No annual reviews means there's no lender constantly looking over your shoulder - saving you both time and money. Redraw facility any additional funds paid in are always available should the unexpected occur. Stand alone loan - no need to change your existing banking arrangements, so you can leave any existing loans right where they are. And naturally, a competitive rate of interest.