Loans are priced for risk, with borrower interest rates and fees not carded or standardised.
Interest Rates on Private Lending
The interest rates charged at any time reflect a balancing of economic conditions, interest rates charged by other providers and the risk associated with the transaction. Generally, pricing is determined by:
- LVR (level of gearing)
- Loan term
- Security type
- Security location
- Loan type
- Borrowers balance sheet
- Borrower track record
- Level of presales (construction loans)