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  • Profile photo of freedomfinderfreedomfinder
    Member
    @freedomfinder
    Join Date: 2004
    Post Count: 63
    February 29, 2004 - 10:21 am

    hi there mortgage guys, some quick questions.

    Can commercial property be bought via lodoc with the only security being the commercial property and am i right to think that max lvr is 60-65%?

    And if the above checks out what are the lodoc interests rates for commercial property?

    thanks in advance

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    March 1, 2004 - 12:31 am

    Freedom

    Yes it can.
    At the moment dependant on the type of property you are looking at circa 8.75-9.75%.

    Cheers Richard
    richard at fhog.com.au
    http://www.fhog.com.au

    There is no such thing as a problem.
    Just a solution waiting to be found

    Richard Taylor | Australia's leading private lender

    Profile photo of FYIFYI
    Member
    @fyi
    Join Date: 2004
    Post Count: 27
    March 2, 2004 - 6:26 am

    Indeed. I know of one at 8.3 – 9.45% priced on risk.
    Max LVR 65%
    [:)]

    matt@fyimi.com.au

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