rapid
settlements
borrowing
Terms and Fees
Semper reviews each application on its individual merit and applies a bespoke approach to loan structuring. All fees and interest payable for your loan will be specified in your letter of offer and loan agreement.
$500K – $25M | 1st Mortgages | 2nd Mortgages
Commercial Borrowers
| Price Guide by LVR | First Mortgage Prices From: |
|---|---|
| 50% | 7.75% pa |
| 60% | 8.00% pa |
| 65% | 9.75% pa |
| Up to 75% | From 11.5% |
Second mortgages from 12% pa
| LVRs by Property Type | Max |
|---|---|
| Metro Residential Houses/Townhouses | 75% |
| Metro Residential Apartments | 75% |
| Commercial / Industrial – Leased | 70% |
| Residential outside of capital cities | On enquiry |
| Metro Construction with DA Approval | 65% of NRV |
Specialist sites not considered.
| Product | Requirements | PPSR & Guarantees |
|---|---|---|
| Full Doc | Bank statements, management accounts, serviced ATO, clear credit. | Senior GSA over the borrowing entity, guarantees from associated companies, directors and shareholders. |
| Low Doc | Accountant’s letter for serviceability, or positive net current bank account balance over 6 months. | Senior GSA over the borrowing entity, guarantees from associated companies, directors and shareholders. |
| Light Touch | Accountant’s letter for serviceability, or positive net current bank account balance over 6 months. | Negotiable. |
| Establishment Fee | 0.825% to 2.2% |
| Term | 3 months up to 3 years (reviewed annually) |
| Application Fee | From $750 to $1,500 + GST paid upfront |
| Valuation Fee | At cost |
| Legal Fee | At cost |
| Interest Type | Monthly in advance via Direct Debit, or prepaid / capitalised for +0.50% loading |
| Trail Commission | Our First Tier Accredited Brokers/Introducers who settle greater than $5,000,000 within a three-month period can qualify for up to 0.25% per annum trail margin, paid monthly in arrears on performing loans. Conditions apply. |
| White Label | Our Top Tier Accredited Brokers, we also offer a White Label product. Semper will produce an indicative letter of offer using your company livery, and when loan and security documents are drawn, your company can appear on Title as Lender. Semper will provide all back-office support for credit and post-loan management. Conditions apply. |
