Commercial Loans

If you’re an individual, partnership or company looking to expand your property portfolio through a commercial property you’ve come to the right place!

At Zero Mortgage, we have a dedicated team that specialises in commercial property – development, non-development and property portfolios. Our team take the time to understand a client’s commercial property requirements and guide them through the entire loan process, making each experience stress free.

We also have access to over 40 lenders, including non-bank lenders allowing our team to find the ideal loan to suit each individual situation.

The Commercial Lending Process
The overall lending process is very similar to a residential property loan when it comes to applying for a loan.

Lenders will look at:

• Your capacity to repay – all of your income including expected rental income from the commercial property
• Your deposit and any available equity
• The type of commercial property – whether it’s a factory, office, warehouse or shop-front and its location, together with a valuer’s report.
• Details of the commercial property lease and conditions.

Unfamiliar with the key differences between commercial and residential properties?

Here are a few key points:

• Buying a commercial property involves paying Goods and Services Tax (GST), which may increase the cost of the property you’re looking to purchase by 10%.
• Residential leases typically have a term of 6 to 12 months, while commercial property leases run for longer terms.
• Commercial properties feature longer vacancy periods and the lessee bears the costs of maintenance, rates and repairs. This means the property owners pocket more of the rent as profit. In residential properties, the property owner is responsible for these expenses.

Whether you’re looking to purchase your next commercial property or would like more information on commercial loans, speak to our team on 1300 474 888 or fill out our enquiry form and a member of our team will be in contact shortly.