$3.5M Commercial Refinance and Cash-Out Secured Across $7.3M Portfolio With No Traditional Income Verification

The Brokerage recently arranged a $3.5M refinance and cash-out across two commercial properties in Moreton Bay, with a total security value of $7.3M.

Our client was looking to refinance away from their existing lender, release equity from the properties, and restructure the ownership of one asset into a new entity, while relying on the existing lease agreements to support servicing.

Key highlights of the transaction include:

• Ownership Restructure: The facility accepted the change in ownership into a new entity as part of the refinance.
• Equity Release: The structure allowed for a cash-out of existing equity to provide additional funding.
• Lease-Based Serviceability: Serviceability relied purely on the property valuations and existing lease agreements, with no traditional income verification required.
• Rate Negotiation: We leveraged the strength of the deal and competitive interest from other lenders to negotiate a lower interest rate.

By engaging lenders we hold strong relationships with, The Brokerage secured a competitive interest rate and additional funding through a clean, well-structured refinance.