Product: Commercial Property Finance
Type: bridging
Max LVR: 70.0%
Amount Range: $500,000 - $5,000,000
Max Term: 12 months
Rate: 10.0% - 12.0%
Contact: Scott Cousins
Purpose: purchase
Property Type: residential
LVR: 70.0%
Amount: $490,000
Term: 300 months
Property Value: $700,000
Address: a a a
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Fail | purchase (residential) | bridging | Client: purchase (residential property), Product: bridging -> mismatch |
| LVR Limit | Pass | 70.0% | 100% (residential) | |
| Loan Amount | Fail | $490,000 | $500,000 - $5,000,000 | $490,000 < min $500,000 |
| Security Type | Pass | residential | residential,commercial | |
| Credit Score | Pass | 610 | - | |
| Monthly Turnover | Pass | - | - | |
| Property Owner | Pass | Yes | Required | |
| Borrower Type | Fail | Investment | commercial | Product targets: commercial; Client profile: investor |
| Dimension | Raw Score | Weight | Weighted Score | Visual |
|---|---|---|---|---|
| LVR Headroom | 100 / 100 | 25% | 25.0 |
|
| Lender max LVR 100% (for residential) - Client LVR 70.0% = 30.0% headroom. Formula: min(100, headroom/20 x 100) = min(100, 30.0/20 x 100) = 100 | ||||
| Interest Rate | 66.7 / 100 | 25% | 16.7 |
|
| Rate = 10.0%. Formula: (20 - 10.0) / 15 x 100 = 10.0/15 x 100 = 66.7. (Scale: 5% = 100, 20% = 0, linear) | ||||
| Loan Amount Fit | 56.0 / 100 | 15% | 8.4 |
|
| Amount $490,000 below min $500,000 by 2.0%. Formula: max(0, 60 - 0.02 x 200) = 56.0 | ||||
| Term Match | 0 / 100 | 15% | 0.0 |
|
| Client term 300mo > Lender max 12mo -> 0 (term too long) | ||||
| Payment Flexibility | 33 / 100 | 10% | 3.3 |
|
| Lender offers 1 type(s): capitalised. Base = 1 x 33 = 33. Client prefers 'interest_only' but NOT available -> 33 | ||||
| Turnaround Speed | 80 / 100 | 10% | 8.0 |
|
| Turnaround 48h (<= 48h / 2 days) -> 80 | ||||
| TOTAL | 100% | 61.4 |
|
|