Commercial Lease Doc Loan
Can You Service a Loan on Rental Income Alone?
Yes you can...
If the *rental income on the property used as security can service the proposed loan with a Debt Service Ratio of at least 1.5 times on the actual interest rate, we have a deal.
Neomoney Commercial Lease Doc Loan provides all the flexibility and features of a Full Doc loan but with the ease and speed of a Low Documentation loan facility.
Lease Doc Features include:
- Redraw
- No Annual Fee
- No Monthly Fee
- 20 year loan Term
- Competitive Rates
- No Annual Reviews
- Interest Only or Principal & Interest
- 48 hour Submission TURN A ROUND TIMES
*Rental Lease needs to have a minimum of 2 years left to run. Click on image to down load pdf flyer.
Enquire now to get your enquiry underway!
Avoid the time and frustration of analysing financial statements and consider a Commercial Lease Doc loan.
