Mortgage HouseChameleon - Pure Commercial Low Doc 50
Variable-rate low documentation commercial loan for owner-occupied commercial property with lending up to 50% LVR.
At a glance
- Variable
- 8.44%8.97% comparison
- Loan size
- $150,000 to $2,000,000
- Upfront fee
- $499
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.44% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 35th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.44% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 35th lowest of 47 |
Rates
The one rate Mortgage House publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableVariable owner occupied lending rate. Introductory period is 0 months; no separate introductory rate is exposed. | Owner occupied, P&I | - | - | 8.44% | 8.97% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Variable, Owner occupied, P&I | 8.19% | 8.44% | up 0.25 |
Each change is logged the night it appears in the rates Mortgage House publishes. See how every lender answered the RBA on the rate tracker.
Fees
6 fees published, grouped by when they're charged.
- When you take it outUp to $4992 fees, each listed below
- While you hold itUp to $5952 fees, each listed below
- When you close it or pay it off$1,400Discharge Fee
When you take it out2
- Application Fee1.00% of balance
- Settlement Fee$499
While you hold it2
- Annual Facility Fee$595
- Monthly FeeNo fee
When particular things happen1
- Valuation FeeNo fee
When you close it or pay it off1
- Discharge Fee$1,400
Features
- Direct debit repayments are available. Customer specifies repayment frequency, amount and nominated account.
- Loan split capability may allow multiple accounts under one loan for personal, investment, fixed or variable split purposes.
- Loan portability may allow the home loan to be transferred from one property to another without refinancing, subject to approval.
Eligibility and limits
- Minimum age 18
- Residency: Australian or New Zealand Citizen or permanent resident residing in Australia.
- Amount $150,000 to $2,000,000
- Maximum LVR 50%
- Low documentation loan. Low documentation is required or available for this product.
- Purchase permitted where product credit policy criteria are met.
- Refinance permitted where product credit policy criteria are met.
- Debt consolidation permitted where product credit policy criteria are met.
- Equity release permitted where product credit policy criteria are met.
- Maximum loan term is 30 years.
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Published by Mortgage House under the Consumer Data Right, last changed by them on 3 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.