Product: Refinance & Debt Consolidation
Type: residential
Max LVR: 85.0%
Amount Range: $100,000 - $2,500,000
Max Term: 360 months
Rate: 5.64% - 6.55%
Contact: Ashleigh Lowe
Purpose: refinance
Property Type: development
LVR: 55.0%
Amount: $11,000,000
Term: 12 months
Property Value: $20,000,000
Address: 39 Chamberlain Road, Massey, Auckland
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Fail | refinance (development) | residential | Client: refinance (development property), Product: residential -> mismatch |
| LVR Limit | Pass | 55.0% | 85.0% | |
| Loan Amount | Fail | $11,000,000 | $100,000 - $2,500,000 | $11,000,000 > max $2,500,000 |
| Security Type | Fail | development | residential | development not accepted |
| Credit Score | Pass | - | - | |
| Monthly Turnover | Pass | - | - | |
| Property Owner | Pass | Yes | 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 55.0% = 30.0% headroom. Formula: min(100, headroom/20 x 100) = min(100, 30.0/20 x 100) = 100 | ||||
| Interest Rate | 95.7 / 100 | 25% | 23.9 |
|
| Rate = 5.64%. Formula: (20 - 5.64) / 15 x 100 = 14.36/15 x 100 = 95.7. (Scale: 5% = 100, 20% = 0, linear) | ||||
| Loan Amount Fit | 0 / 100 | 15% | 0.0 |
|
| Amount $11,000,000 exceeds max $2,500,000 by 340.0%. Formula: max(0, 60 - 3.40 x 200) = 0. (Partial score for near-miss) | ||||
| Term Match | 62.6 / 100 | 15% | 9.4 |
|
| Client term 12mo / Lender max 360mo = ratio 0.033. Formula: max(60, 100 - |0.033 - 0.5| x 80) = 62.6. (Best when ratio between 0.3-0.8) | ||||
| Payment Flexibility | 33 / 100 | 10% | 3.3 |
|
| Lender offers 1 type(s): principal_and_interest. Base = 1 x 33 = 33. Client prefers 'interest_only' but NOT available -> 33 | ||||
| Turnaround Speed | 60 / 100 | 10% | 6.0 |
|
| Turnaround 72h (<= 72h / 3 days) -> 60 | ||||
| TOTAL | 100% | 67.6 |
|
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