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Commercial Property Loans

Refinance your commercial property loan to a low doc loan option (less application documentation required) with Granite's Easy Refinance Loan package.

To qualify for Granite’s commercial property easy refinance loan package, the Granite commercial property interest rate and principal and interest repayments should be lower than your current commercial property loan interest rate and principal and interest repayments.

The Granite Easy Refinance Loan package offers:

  • A lower interest rate

  • A reduction in monthly repayments

  • The ability to extend loan terms

  • The ability to make unlimited extra repayments

  • The ability to easily release equity and use the released funds (cash out) to fund other goals

  • The ability to convert from principal and interest payment terms to interest only terms

  • An easier refinance application process as less documentation is required

  • A 100% offset account

  • Quicker access to funding

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Package Features

100% Offset account 

Ability to extend loan terms for eligible borrowers

Up to 359 months loan term (Principal and interest) 

Up to 60 months loan term (Interest Only) 

$ for $ Refinance + costs + cash out if eligible 

Unlimited extra repayments

Maximum loan amount up $3,000,000

Up to 80% LVR

Ability to repay weekly, fortnightly or monthly

Available to owner occupier and investor

Fees

Lenders Protection Fee

Standard Commercial

  • LVR ≤ 70% - 0.50%

  • LVR ≤ 75% - 0.75%

  • LVR ≤ 80% - 1.25%

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Co-Living (7-12 bedrooms) Commercial

  • LVR ≤ 70% - 1.00%

  • LVR ≤ 75% - 1.50%

  • LVR ≤ 80% - 2.00%

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NDIS ( ≥4 participants) Commercial

  • LVR ≤ 70% - 1.00%

  • LVR ≤ 75% - 2.00%

  • LVR ≤ 80% - 3.00%

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The Lender Protection Fee (LPF) is calculated based on the total
loan amount.

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You can choose to pay the LPF at the time of loan settlement or add it to the loan amount, spreading the cost over the duration of the loan.

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However, this option is only available if it does not result in exceeding the maximum allowable LVR.

Eligibility requirements

Loan Purpose

Re-finance of either owner occupied or investment of commercial properties

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Accepted Property Types

Commercial Investment, or

Commercial Owner Occupied

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Excluded Property Types

  • Commercial property held in an SMSF

  • Construction

  • New commercial property purchase

  • Nil - Application fee

  • At cost  - Commercial valuation fee

  • $595 + Disbursements - Lender Prep and Trust Review fee (Ex GST)

  • $250 - Account variation fee

  • $450 - Facility variation fee

  • 1% of original loan amount within 36 months - Early termination fee

  • $795 – Discharge admin fee (If discharging within 36 months, both Early termination & discharge fee will be charged)

  • Lender Protection Fee may apply depending on LVR and security type

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​1. Third party fees, including those from solicitors, are subject to Goods and Services Tax (GST) and quoted exclusive of GST.

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​Terms, conditions and eligibility criteria apply. The information provided is accurate as at the issue date is subject to change without notice. Please contact your broker for current rates, fees and charges.

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