|
I
own a small business
and need to
refinance the
building which I
occupy. What
information do you
need?
Our commercial loans
are simple to
underwrite and
simple to
understand. We begin
by completing a
simple short form
application. The
application will
take about 15
minutes to complete.
Our indicative loan
approval will occur
within 24-48 hours.
Ring now to GET
STARTED.
Top...
My commercial
property is
completely paid off.
The value is
$575,000. How much
cash can I take out?
Depending on the
type of property you
own, some of our
lending programs
allow you to take as
much as 80% of the
value of your
property and loan
amount are as high
as $10,000,000. Ring
now to GET STARTED.
Top...
I
own some commercial
properties that are
worth a lot more
than $10,000,000, is
there a maximum loan
amount that you
make?
Although our Loan to
Valuation Ratio (LVR)
limit is as high as
80%, our lending
limits can be higher
than $10,000,000 on
a case by case
basis. Ring now to
GET STARTED.
Top...
How
long does it take to
get my commercial
loan funded?
Generally,
commercial loans
fund within 14-28
days, depending on
the complexity and
works required on
the due diligence of
the proposal. Ring
now to GET STARTED.
Top...
What
types of fees are
associated with
obtaining a
commercial loan?
General Mortgage
Credit charges an
Establishment Fee on
all commercial
loans. Additionally,
a Valuation Fee and
Commitment Fee will
be assessed against
the loan proceeds.
Furthermore, all
title insurance
costs and legal
fees, and any other
cost associated with
a typical loan will
be assessed against
the loan proceeds.
All this will be
outlined in your
Indicative Terms of
Offer. Ring now to
GET STARTED.
Top...
What's the next
step?
Contact a GMC Loan
Officer that
recommended our loan
to you and submit an
application. If you
do not have a GMC
Loan Officer, call
us on 1300 308 063
and we'll have a
representative
contact you and get
your loan
application started.
Ring now to GET
STARTED.
Top...
|
