Renown Lending offers tailored lending solutions designed to meet the financial needs of businesses across various sectors. Our comprehensive product range includes both basic and specialist loan products, ensuring flexibility and suitability for different client requirements.

1st Mortgage Solutions

Specialty Max Loan

When your projects are big, our Specialty Max product is bigger. Perfect for large-scale developments and subdivisions, offering substantial lending limits.

• Loan Size: $5,000,000 to $30,000,000

• Loan Term: 3-12 Months

• Loan Purpose: Business Purposes

• Interest Rates (pa):

  • From 9.8% (Residential & Commercial)

  • From 11% (Development)

  • From 12% (Construction & Sub-Division)

• Fees:

  • Scaled fee based on project from $11,000

  • Application/Commitment Fee: Starting from 2.5%

  • Valuation & Legal Costs: At Cost

  • Line Fee: 0.20% p/m (construction and sub-division)

  • Risk Fee: from 0.20-0.50% (Only when Applicable)

• Max LVR by Security:

  • Established:

    • 70% LVR: Residential (House/Townhouse/Unit)

    • 65% LVR: Commercial

    • 60% LVR: Development (with DA)

  • Vacant:

    • 65% GRV or 80% TDC: Construction & Sub Divisions

• Borrower Type: Company Borrowers only

• Features:

  • Self-declared income

  • No locked-in contract

  • Early loan repay (no penalties)

  • Interest-only repayments

  • Capped & Pre-paid Interest