$2.4M Commercial Refinance Approved with Lease Doc
Commercial property owners don't always need complex financial documentation to secure long-term funding.
Assetline helped a commercial borrower refinance an investment property using its Lease Doc policy, providing a long-term mortgage solution based on the strength of the lease income rather than traditional income verification.
The Scenario
A commercial property owner in Victoria was looking to refinance an existing investment loan.
The property was leased to an established tenant under a long-term commercial lease, providing consistent rental income and a clear servicing position.
Despite the strength of the security and lease, traditional lending requirements created unnecessary complexity around financial documentation.
The borrower required a lender capable of taking a practical approach to assessing the transaction.
Why Traditional Lending Wasn't the Right Fit
Commercial property lending doesn't always need to rely on extensive business financials.
Where a property has a quality tenant and stable lease income, the lease itself can provide a strong foundation for assessing the transaction.
Rather than requiring unnecessary documentation, the borrower needed a lender prepared to consider the strength of the property's income stream.
The Assetline Solution
Assetline assessed the application using its Lease Doc policy, providing a long-term commercial mortgage tailored to the borrower's circumstances.
The solution included:
$2.4 million commercial refinance
Lease Doc assessment
70% LVR
Long-term commercial mortgage
Commercial investment property
Simplified income verification using lease documentation
By focusing on the property's rental income and lease profile, Assetline delivered a straightforward refinance aligned with the borrower's objectives.
"A strong lease can tell you just as much as a set of financial statements. The right assessment starts with understanding the quality of the income supporting the property."
Arthur Karvelas
State Manager -VIC/TAS
Deal Snapshot
Loan Amount | $2.4 million |
Product | Horizon Mortgages |
Loan Purpose | Commercial Refinance |
Location | Victoria |
Security | Commercial Investment Property |
LVR | 70% |
Income Verification | Lease Doc |
Borrower Type | Commercial Property Investor |
Why This Structure Worked
The borrower had a quality commercial asset supported by reliable lease income.
Rather than applying a traditional documentation-heavy assessment, Assetline considered the property's leasing profile and structured a long-term lending solution suited to the transaction.
The result was a straightforward commercial refinance that reflected the strength of the underlying security and income stream.
Common Lease Doc Scenarios We Assist With
Assetline regularly helps brokers with:
Commercial Lease Doc loans
Commercial refinances
Commercial investment property lending
Long-term commercial mortgages
Commercial property investors
Lease income lending
Commercial property purchases
Alternative commercial income verification
Frequently Asked Questions
What is a Lease Doc loan?
A Lease Doc loan allows eligible commercial borrowers to verify servicing using lease income from an investment property rather than relying solely on traditional financial documentation.
Who is a Lease Doc loan suitable for?
Lease Doc lending may suit commercial property investors with quality leased assets seeking a simpler income verification process.
Can Assetline refinance commercial investment properties?
Yes. Assetline offers long-term commercial mortgage solutions for eligible borrowers looking to refinance commercial investment properties.
What LVR is available?
Eligible commercial Lease Doc loans are available up to 70% LVR, subject to assessment.
