Propel Commercial
Mortgage Ezy Propel Commercial loan. Loans from $100,000 to $8m. Maximum LVR 80% (1.1 NDI required). Full Doc or Alt Doc. Company, Trust or Individual. Interest Only up to 10 years. No annual reviews or revaluations. No clawbacks. Up to 6 borrowers. No Credit Score, CCR or DTI. Risk fee 0.85% at all LVRs. Early Repayment Fee 2% if repaid within 3 years. Base rates apply to published base loan-size caps, with a +0.50% large-loan loading for eligible loans at <=70% LVR. No interest-only loading applies. Cash out to maximum LVR.
- From (owner occupied)
- 8.19%
- Variable
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Commercial base rate - LVR <=65% - loan size up to $3.5m for this base tier - Owner Occupied P&I. No investment loading and no interest-only loading apply. | 8.19% | — | Commercial - LVR <=65% |
| Variable Commercial base rate - LVR <=70% - loan size up to $3.5m for this base tier - Owner Occupied P&I. No investment loading and no interest-only loading apply. | 8.49% | — | Commercial - LVR <=70% |
| Variable Commercial base rate - LVR <=75% - loan size up to $3m for this base tier - Owner Occupied P&I. No investment loading and no interest-only loading apply. | 8.59% | — | Commercial - LVR <=75% |
| Variable Commercial large-loan rate - LVR <=65% - loan size up to $8m subject to postcode category - Owner Occupied P&I. Includes +0.50% large-loan loading. No investment loading and no interest-only loading apply. · Large-loan loading of +0.50% applies to eligible Propel Commercial loans at <=70% LVR and up to $8m, subject to location caps. · Applies to Commercial large loans up to $8m at LVR <=65%, subject to postcode category. | 8.69% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee Application fee $899. Excludes GST. | Upfront | $899.00 |
| Valuation Fee Valuation fees at cost, minimum $250. Minimum $50 cancellation fee per security. Excludes GST. | Event | From $250.00 |
| Funder's Legal Fee Legal fee from $750 plus disbursements. Does not cover government charges. Excludes GST. | Event | From $750.00 |
| Settlement Fee No settlement fee. Excludes GST. | Event | $0.00 |
| Monthly Fee Charged monthly · Monthly fee $25. Excludes GST. | Ongoing | $25.00 |
| Discharge Fee Discharge fee from $500 plus agent costs. Excludes GST. | Exit | From $500.00 |
| Early Repayment Fee 2% of the original loan amount if fully repaid within the first 3 years. No early repayment fee after 3 years. Excludes GST. |
Features
- Offset account
- Offset account available. Monthly fee $25.
- IO available up to 10 years. Interest-only loading is 0.00%; IO rate is the same as P&I for the same LVR and loan-size band.
- No annual reviews or revaluations required.
- No clawbacks on Propel Commercial loans.
- Cash out available to maximum LVR.
- Large-loan loading of +0.50% applies to eligible Commercial loans at <=70% LVR, subject to guide loan-size and location caps.
Eligibility
- Company, Trust or Individual. Up to 6 borrowers. Loan purpose must be predominantly business. Business Purpose Declaration required.
- No Credit Score, CCR or DTI requirements. See Mortgage Ezy Propel Commercial guide at mezy.com.au for full criteria.
- Commercial property zoned commercial, situated in Australia, first registered mortgage. Up to 25 acres. Category 1 locations where commercial use is highest and best use and commercial valuation held.
- Loan term up to 30 years. Interest Only up to 10 years. No interest-only loading applies under the current guide.
- Full Documentation: 1 year Company/Trust tax return(s), 1 year personal tax return, and NOA. Simplified Self-Employed (company directors): 3 months payslips and last ATO income statement. Alt Doc: Accountant Letter, Business Bank Statements, or BAS. See Mortgage Ezy Propel Commercial guide at mezy.com.au.
- 1.1 NDI required. See Mortgage Ezy guide at mezy.com.au.
- Category 1: maximum $8m at <=65% LVR; $7m at <=70%; $3m at <=75%; $2.5m at <=80%. Category 2: maximum $3m at <=70% LVR. Category 3: maximum $500k at <=65% LVR. Base rates apply to the guide base loan-size caps; a +0.50% large-loan loading applies to eligible loans at <=70% LVR.
Constraints
- Minimum limit — $100,000.00Minimum loan $100,000.
- Maximum limit — $8,000,000.00Category 1: maximum $8m at <=65% LVR; $7m at <=70%; $3m at <=75%; $2.5m at <=80%. Category 2: maximum $3m at <=70% LVR. Category 3: maximum $500k at <=65% LVR. Base rates apply to the guide base loan-size caps; a +0.50% large-loan loading applies to eligible loans at <=70% LVR.
- Maximum LVR — 80%
More Information
Published by Mortgage Ezy under the Consumer Data Right · Last updated 13 July 2026 · Product ID 744d293e-b35f-45c0-a066-0c3946dd7376