Credit Impaired Based Rural Lending

Loan Purpose:	Investment & Business Purposes Only / Unregulated – a declaration will be required to this effect Property Purchase Debt Consolidation Refinance Working Capital Farm Improvements
Maximum Loan Amount:	$5M or 50% LVR – Capitalised interest must be contained within this LVR if required
Minimum Loan Amount:	$200,000 or 50% LVR
Interest Rate:	Rates quoted on a case by case basis
Serviceability Evidence:	Assessed on Accountants letter and Cashflow Forecast
Term:	Up to Two (2) years interest only – however must have a clear exit strategy
Acceptable Security:	Rural on Eastern Seaboard for 1st party mortgage/borrowers. Company Applicants are also acceptable.
Repayments:	Interest Only monthly in arrears available or Principal and Interest
Valuations:	Will be required on all loans, as instructed by the investor/ mortgage manager – no re-assignments accepted. Valuation Fees will be payable by the borrower upon acceptance of the Prospective Approval Indication.
Insurance:	Each property must be insured for an adequate amount against damage or loss on a replacement basis by an acceptable insurer.
Unacceptable Securities:	Security that is not 1st Mortgage Specialised farming operations Leasehold property Heritage Listed Property Contaminated Sites Remote or Unfavorable property