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Aaron

20 Jan 2021

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What are the prerequisites for an investment holding company to be accepted for a bank loan?

Any prerequisites for an investment holding company to be accepted for a bank loan?

AMA Mortgage Master

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Mortgage Master

20 Jan 2021

Hi Aaron, great question!

For an investment holding company taking a bank loan, different banks have different criteria. However, these statements largely hold true.

Regardless of when your investment holding company was incorporated, it is the TDSR of the directors and their personal guarantee that allows the loan to be approved
For residential properties, ABSD is 20% and the maximum amount you can borrow is based on 15% loan to value (LTV) only. You will also have to pay GST.
For commercial properities, maximum loan to value (LTV) is up to 80%. For industrial properties, up to 70%. Remember you still have to pay GST, though if your company is GST registered, you may be able to claim it back.

If you satisfy the above requirements, we can assist you to find the most suitable bank for your loan.

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