Finding the right commercial property loan just got easier

At Fox Home Loans, we recognise that each one of our client's needs for commercial property finance is different.

Our aim is simple, to provide you with the most effective financial solution for your commercial property loan needs. This means researching and presenting you with the most competitive funding solution.

We specialise in working with businesses seeking commercial property loans and we pride ourselves in offering end-to-end solutions.

We don't stop there, we work hard to negotiate the best loan terms while allowing you to concentrate on getting on with your business.

Due to our large spread of lenders in commercial property finance, our parameters are quite broad. Below is our general profile of the lending criteria on commercial property.

An employee in a commercial space.
A man signing up for a business loan in an office.

Looking for a commercial property loan?

A commercial property loan is designed for businesses that need a loan to purchase a property for business or investment use.

These loans are strictly available to businesses and range in loan terms from five years to as long as 20 years. The loan-to-value ratio of a commercial loan usually falls in the range of 65-80%. This is different from a residential loan, which can be as high as 100%.

The main difference is that a commercial loan is only available to a business entity with a good track record and credit rating. If you’re trying to receive a commercial property loan, you’ll need to prove your credit history and that you do not have any recent defaults on your record.

What should I look for in a commercial property loan?

When looking for a commercial property loan, it’s important to consider a variety of factors to ensure that you get the best loan for your needs. Here are a few things to look for:

  1. Interest rates: Interest rates can have a big impact on the total cost of your loan, so it’s important to compare rates from multiple lenders to find the best deal.
  2. Loan term: The loan term is the length of time that you have to repay the loan. Longer loan terms can mean lower monthly payments, but they also mean that you will pay more in interest over the life of the loan.
  3. Repayment options: Some loans may offer more flexibility in repayment options, such as the ability to make extra repayments or access an offset account. Consider your individual needs and goals when choosing a loan with the right repayment options for you.
  4. Fees and charges: Make sure to understand any fees and charges associated with the loan, including application fees, ongoing fees, and discharge fees. These costs can add up, so it’s important to factor them into your calculations.
  5. Loan-to-value ratio (LVR): The LVR is the ratio of the loan amount to the value of the property. Lenders may have different LVR requirements, so make sure to check whether you meet the requirements for a particular loan.
  6. Eligibility requirements: Some lenders may have specific eligibility requirements, such as minimum income or credit score. Make sure to check whether you meet these requirements before applying for a loan.

By considering these factors, you can find a commercial property loan that meets your individual needs and goals. It’s also important to work with a reputable lender who can help guide you through the process and answer any questions you may have.

Apply for a Commercial Property Loan Today
A commercial property client smiling in an office setting.

Why should I use Fox Home Loans?

The decision to use a mortgage broker over a bank isn’t always an easy one, but the benefits are clear.

Mortgage brokers like Fox Home Loans help you understand the process of acquiring the mortgage by breaking down the documents and explaining the factors that will impact your acceptance.

Banks tend to send you a list of documents and utilise more of an automated approach only until they’ve realised you qualify. Only then will someone actually reach out to you.

Brokers also have access to more lenders since their process isn’t as one-dimensional. Brokers know which mortgage companies can give businesses in certain situations the highest chance of approval.

In the end, all of these factors combined will result in you paying fewer fees on your commercial property loan. This is due to the fact that the mortgage broker doesn’t work for the lender, so they are able to waive specific fees if they think it will get the deal done.

Apply for a Commercial Property Loan Today

Home Loan Options

Pre Approval

Home loan pre-approval is a process by which a lender reviews your financial and credit history to determine how much money they would be willing to lend you for a home purchase. Pre-approval is not a guarantee that you will receive a loan, but it does provide an indication of how much you can borrow and the terms of the loan.

To obtain pre-approval, you typically need to provide the lender with information about your income, assets, and debts, as well as your credit score. The lender will use this information to assess your creditworthiness and calculate how much they are willing to lend you.

The pre-approval process typically takes a few days to a week, depending on the lender and the complexity of your financial situation. Once you receive pre-approval, you can start shopping for homes with the confidence of knowing how much you can afford to borrow.

Enquire for Pre Approval

First Home Buyer

A first home buyer loan is a type of home loan specifically designed for individuals who are purchasing their first home. These loans typically have features that are intended to help first-time buyers enter the property market, such as lower deposit requirements, reduced or waived fees, and government incentives.

It’s important to do your research and compare the features and costs of different loans to find the one that best suits your individual needs and financial situation. Or leave it to the experts at Fox Home Loans. We’re here to help first home buyers navigate the complex road to owning their first home.

Enquire for your First Home Loan

Home Loan Refinance

Home loan refinance is the process of replacing an existing home loan with a new loan from a different lender or with a different loan product from the same lender. The primary purpose of refinancing a home loan is usually to obtain a better interest rate or to access different loan features or benefits.

When you refinance a home loan, you essentially pay off the existing loan with a new loan, and the terms and conditions of the new loan may differ from those of the old loan. For example, you may be able to obtain a lower interest rate, switch from a variable rate to a fixed rate or vice versa, or access features such as offset accounts or redraw facilities.

Refinance your Home Loan

Home Loan Switching

Before you start the process of switching home loans, it’s important to consider why you want to make the switch. Do you want to lower your interest rate, access different loan features, or consolidate debt? Understanding your reasons for switching can help you choose the right loan product and lender.

It’s important to note that switching home loans can be a complex process, and it may be helpful to seek advice from a mortgage broker like Fox Home Loans to ensure that you are making the right decision for your individual circumstances.

Switch Home Loans

Investment Property Loans

An investment property loan is a type of home loan designed specifically for individuals who are looking to purchase a property for investment purposes rather than to live in themselves. These loans are typically used to purchase a property that will be rented out, with the rental income used to help repay the loan.

It’s important to carefully consider the costs and risks associated with investing in property and to do your research to find the right investment property loan for your needs. A financial advisor or mortgage broker may be able to provide guidance and advice to help you make informed decisions about your investment strategy.

Enquire for an Investment Property Loan

Renovation Loan

A renovation home loan, also known as a home renovation loan or a home improvement loan, is a type of home loan that is specifically designed for borrowers who want to renovate or improve their existing home. These loans can provide funding to cover the cost of renovations or improvements, which can be a more affordable way to upgrade a home than selling and buying a new property.

If you are considering a renovation home loan, it’s important to have a clear understanding of your renovation plans and budget, and to work with a reputable lender or mortgage broker who can help you find the right loan product for your needs.

Enquire for a Renovation Loan

Some Handy Calculators

Calculate Your Borrowing Power
Calculate Your Borrowing Power

Work out how much you can borrow based on your income and expenses

Calculate Now
Refinance Calculator
Refinance Calculator

Discover how much you can save by refinancing or switching home loans

Calculate Now
Stamp Duty Calculator
Stamp Duty Calculator

All it takes is a few easy steps to find out your upfront costs

Calculate Now
Property Purchase Calculator
Property Purchase Calculator

Work out how much it could cost you to purchase a property

Calculate Now
Commercial Construction Worker

5 Simple Steps To Getting Your Loan

  • 1. Enquire
    1. Enquire

    Enter some basic details in our simple online form.

  • 2. Speak with an Expert
    2. Speak with an Expert

    Discuss your commercial loan preferences and application information.

  • 3. Get Pre-Approval
    3. Get Pre-Approval

    Your Lending Specialist will discuss all details of your commercial property pre-approval.

  • 4. Sign your documents
    4. Sign your documents

    With our technology, you can simply sign your loan documents electronically.

  • 5. Finalise Your Commercial Opportunity
    5. Finalise Your Commercial Opportunity

    Once settlement occurs, you'll be able to move forward with your commercial venture.

5 Simple Steps To Getting Your Loan

What Our Clients Say

Why Choose Fox Home Loans?

Questions about Commercial Property loans?