Commercial mortgages are outside the scope of the National Consumer Credit Protection Act of 2001 (NCCP Act). Unlike home loans which we use to purchase residential properties, lenders have more flexibility with their policies in commercial mortgages.

The key is to figure out what the lender or bank is looking for in an application, then working your way to seal a fair deal.

Applying to a bank directly without a commercial mortgage broker is a disadvantage:

• If you don’t know what other banks/competitors offer, then your bank might charge you as much as they want.
• If you are stuck in a difficult financial/corporate situation. The bank can use your problem to charge you more
• If you’re a long-standing client, the bank will think you’re less likely to seek elsewhere, leading them to increase their fees/charges.

To avoid the disadvantages and save cost and time, PLAN A Mortgage is here to help you. Call our professional staff at 1300 052 055 to know why we’re the best team in commercial mortgages.

Getting hold of commercial real estate for a long-term investment or acquiring a business premise takes considerable time and planning and that’s excluding an effort to obtain finance.

Moreover, most commercial mortgage and lending policies are more complicated than residential lending. That’s why partnering with a commercial mortgage broker will save your business time and unnecessary expenses, helping you focus your resources on more crucial matters.

Our team will first discuss with you to thoroughly understand what you want to achieve with your commercial mortgage in line with your shot and long term goal. We’ll first identify which commercial property you want to invest in, whether it’s a retail shopfront, warehouse, office building, or factory.

If you are a PAYG employee, you’ll first need to provide your recent payslip, including a group certificate.

You’ll need to provide your personal financials, business activity statements, and tax returns for the last 2-3 business years if self-employed.

Otherwise, we’ll use low-documentation solutions for faster and more convenient service.

After that, we will then proceed to look for the ideal lender to have your loan approved in no time.

What makes PLAN A Mortgage stand out from the competition is our extensive experience with various lenders and our capability to arrange a competitive interest rate and loan term.

Next, our team will obtain Indicative Funding Proposal (IFP) from possible lenders and narrow it down to 2-3 lenders. After discussing with you to choose the most suitable lender, you can search for a suitable property.  Once located we will arrange for a valuation and finally submit your commercial mortgage application for formal approval.  

We’ll also streamline our application process by working with your accountant or solicitor and communicating with your buyer’s agent. All of these will be done within your best financial interests.

Our commercial broker ensure long-term commitment

Investing in commercial mortgage not only requires a broker but one that’s in for the long haul and witness your business’ growth. That’s because reliable brokers at PLAN A Mortgage play a vital role in your brand’s growth alongside your solicitor, accountant, and commercial buyer agent.

Let us deal with keeping your loan competitive while you grab more opportunities and take the time to think about your growth.

We have your best interests in mind

PLAN A Mortgage works with you closely so we can understand your goals in purchasing commercial real estate. Regardless of you’re looking into a positive rental return or a strong capital gain, we can assist. We also partner with clients looking to purchase premises for their business.

We aren’t backed by lenders and banks

A lot of large-scale commercial mortgage brokers promise 100% approval for sketchy interest rates and lending policies. That’s because many of them work for banks, but we don’t.

Our brokers at PLAN A Mortgage compare different possible lending options between several leading banks and major lending companies in Australia.

Besides, some non-banks provide more competitive rates and have more lenient policies on commercial properties than leading banks for certain cases. That expands our choices for diverse product choices.

PLAN A Mortgage are experts in credit

By partnering with us, you’ll have the opportunity to finance commercial properties such as bed and breakfast (B&Bs) and farms with low residential rates!

That means you don’t have to pay expensive commercial rates which have shorter loan terms. As long as we know the ideal lender for your loan, we’ll do our best to seal the deal.

We streamline the application process

Our team will work with you closely with open communication to make sure we assist you from application to approval. That way, you’ll have more time to focus on your business and other investment opportunities.

Typically, lenders would require you to pay a premium interest rate for commercial property. We will negotiate with lenders for an optimal LVR and interest rate.

PLAN A Mortgage won’t charge any brokerage fees for clients who want to finance above $300,000 and keep the mortgage for more than two years.

With 18+ years in High Net Worth banking, we provide excellent service for complex commercial mortgages and bespoke solutions at a competitive price. Our service costs will be calculated at the discretion of our brokers and your situation.

PLAN A Mortgage is here to help grow your business and your wealth. Speak with our specialist at 1300 052 055 or fill out our contact form today!