Product: Commercial Loans
Type: commercial
Max LVR: 70.0%
Amount Range: $0 - $2,000,000
Max Term: 240 months
Rate: -
Contact: | LOANS@CFML.NZ
Purpose: refinance
Property Type: residential
LVR: -%
Amount: $1,290,000
Term: - months
Property Value: $0
Address: 7/7 Arcadia Road, 8/7 Arcadia Road, 9/7 Arcadia Road, Epsom, Auckland
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Fail | refinance (residential) | commercial | Client: refinance (residential property), Product: commercial -> mismatch |
| LVR Limit | Pass | - | 70.0% | |
| Loan Amount | Pass | $1,290,000 | $0 - $2,000,000 | |
| Security Type | Pass | residential | commercial,residential | |
| Credit Score | Fail | 398 | 650 | 398 < min 650 |
| Monthly Turnover | Pass | - | - | |
| Property Owner | Pass | Yes | Required | |
| Borrower Type | Pass | - | Any |
| Dimension | Raw Score | Weight | Weighted Score | Visual |
|---|---|---|---|---|
| LVR Headroom | 50 / 100 | 25% | 12.5 |
|
| Data missing (client LVR or lender max LVR not set) -> default 50 | ||||
| Interest Rate | 50 / 100 | 25% | 12.5 |
|
| Interest rate not specified by lender -> default 50 | ||||
| Loan Amount Fit | 88.4 / 100 | 15% | 13.3 |
|
| Amount $1,290,000 is within range $0-$2,000,000. Mid = $1,000,000, distance ratio = 0.14. Formula: max(60, 100 - 0.14 x 80) = 88.4 | ||||
| Term Match | 50 / 100 | 15% | 7.5 |
|
| Term data missing (client or lender) -> default 50 | ||||
| Payment Flexibility | 80 / 100 | 10% | 8.0 |
|
| Lender offers 2 type(s): principal_and_interest, interest_only. Base = 2 x 33 = 66. Client prefers 'interest_only' which is available -> max(66, 80) = 80 | ||||
| Turnaround Speed | 80 / 100 | 10% | 8.0 |
|
| Turnaround 48h (<= 48h / 2 days) -> 80 | ||||
| TOTAL | 100% | 61.8 |
|
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