MHP Mortgage Loans - Matthew Stack

 Self-Managed Super Fund Loans Looking to buy a commercial property with your Self-Managed Super fund? Properties we can consider: 1. shop fronts 2. Offices 3. Industrial Units 4. Factories 5. Warehouses 6. Mixed residential & Commercial use 7. Medical / Professional suites Lending Criteria: - 80% of rental / lease income from commercial property being purchased. - SMSF must be able to service the loan from the existing SMSF income and assets, proposed rental income and mandatory member contributons. - 80% Loans (LVR). Get in touch and I'll run you through your options. Matthew Stack - mortgage broker 0423 237 242 #smsf #commercialproperty #commercialrealestate

What is a commercial lease doc loan? A loan which involves using the lease income from a commercial or industrial property to service the debt on the property on a standalone basis - not your business financials.  In a nutshell, if the rental income exceeds the repayments over a 12-month period, then it is possible to get the loan approved without the need to show business financials. This type of loan is not very common; however, it can be found amongst a small number of lending institutions such as Better Choice Homes Loans. Assessing Commercial Lease Doc Loans - The lender will look at the debt and lease on its own.  - This is good for businesses will unusual income streams that can't verify income. - The applications strength comes from the tenants and the property - not the business. - Lender assesses the debt on the property using the income of the lease only.  If the lease income can service the debt, the lender won't considering other debts. Other considerations -...