Detailed loan terms, eligibility criteria and application requirements.
Many business owners hold investment property through a company, but bank criteria rarely suit how company income is documented. Short-term private finance moves faster, but needs refinancing within a year or two.
The Marway 30 sits between the two. Income is verified through three months of BAS with a BAS calculator, or an accountant's declaration — then the loan is set up over 10, 20 or 30 years, principal and interest or interest only for up to five years.
Security can be a house, townhouse or unit on residential or rural residential land of up to 2 hectares.
Interest only for up to 5 years attracts a 0.30% loading. Non-metro LVRs are assessed case by case.
Need funding quickly with minimal documentation? The No Doc Residential Loan is the short-term alternative. For commercial property, see the Marway 40.
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Rates, fees and lending criteria are indicative only, subject to change and subject to credit approval. Available to company borrowers with an ACN for business purposes. Conditions apply.