Lending Criteria
BankReady has clear criteria to ensure we're the right fit. Here's what we look for — and what we don't do.
BankReady Fit Checklist
Your deal should tick all five boxes.
First mortgage position
BankReady provides senior, first-ranking security only. No second mortgages or mezzanine.
Non-construction
Property must be complete or near-complete. No builder materially involved in works.
Defined bank exit
Clear, documented path to bank refinance within 3–12 months.
Conservative LVR
Typically sub-65% loan-to-value ratio on as-is basis.
Quality borrower
Experienced property principals with clean track record and appropriate financials.
Hard Exclusions
We do not provide finance for the following:
- Construction or development finance
- Second mortgage or mezzanine positions
- Rescue finance or distressed situations
- Arrears, creditor payments, or loss coverage
- Exit timeframes beyond 12 months
- High-LVR lending (typically above 65%)
- Speculative land banking
- Residential owner-occupier
Frequently Asked Questions
Common questions about BankReady lending criteria.
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