Product: AcquisitionLine (Business Purchase Funding)
Type: business
Max LVR: 85.0%
Amount Range: $0 - $500,000
Max Term: 60 months
Rate: -
Contact: | contact@linecapital.co.nz
Purpose: refinance
Property Type: development
LVR: 44.78%
Amount: $1,800,000
Term: 9 months
Property Value: $4,020,000
Address: 38 Marina View Drive, West Harbour
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Fail | refinance (development) | business | Client: refinance (development property), Product: business -> mismatch |
| LVR Limit | Pass | 44.78% | 85.0% | |
| Loan Amount | Fail | $1,800,000 | $0 - $500,000 | $1,800,000 > max $500,000 |
| Security Type | Pass | development | Any | |
| Credit Score | Pass | - | - | |
| Monthly Turnover | Pass | - | - | |
| Property Owner | Fail | No | Required | Property ownership required |
| Borrower Type | Pass | - | Any |
| Dimension | Raw Score | Weight | Weighted Score | Visual |
|---|---|---|---|---|
| LVR Headroom | 100 / 100 | 25% | 25.0 |
|
| Lender max LVR 85.0% - Client LVR 44.78% = 40.22% headroom. Formula: min(100, headroom/20 x 100) = min(100, 40.22/20 x 100) = 100 | ||||
| Interest Rate | 50 / 100 | 25% | 12.5 |
|
| Interest rate not specified by lender -> default 50 | ||||
| Loan Amount Fit | 0 / 100 | 15% | 0.0 |
|
| Amount $1,800,000 exceeds max $500,000 by 260.0%. Formula: max(0, 60 - 2.60 x 200) = 0. (Partial score for near-miss) | ||||
| Term Match | 72.0 / 100 | 15% | 10.8 |
|
| Client term 9mo / Lender max 60mo = ratio 0.15. Formula: max(60, 100 - |0.15 - 0.5| x 80) = 72.0. (Best when ratio between 0.3-0.8) | ||||
| Payment Flexibility | 50 / 100 | 10% | 5.0 |
|
| Payment types not specified by lender -> default 50 | ||||
| Turnaround Speed | 50 / 100 | 10% | 5.0 |
|
| Turnaround time not specified -> default 50 | ||||
| TOTAL | 100% | 58.3 |
|
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