LM derives its leading edge in fund performance through its property related expertise and its research driven focus on Australia 's mortgage trust sector. With a strong service ethos, an investment team with vast property experience and a commercially tailored lending product, LM is a well established and highly regarded lending institution within Australia 's business and property sectors.

The LM First Mortgage Income Fund is one of Australia 's largest mortgage trusts, and provides loan facilities on registered first mortgages throughout Australia .

• To treat each loan application on its own merit by understanding the borrower’s specific needs.
• To provide our borrowers a lending solution in the quickest possible timeframe.
• To be flexible, proactive and interactive with each of our clients.
• To establish long term mutually beneficial partnerships with clients, through open communication and efficient service.
• To prove by performance that we are the lender of choice for property finance.
• To assist our clients to be profitable.

LM's team of skilled property specialists are committed to providing compatible financial solutions to Australia 's business sector, vastly differentiating us from our lending competitors.

When working with LM, rest assured you are dealing with real property people experienced in development management, quantity surveying, financial analysis, town planning, project management, cost planning, building and legal issues.

Our due diligence process is very hands-on. For each lending transaction undertaken, we want to ' walk the turf' of a property, understand the proposal and become familiar with the players and their capabilities.

Professional and responsible lending

Non-bank lending continues to be a rapidly growing component of the Australian financial services sector. As such, LM continues to capture increased market share in the commercial finance arena. We have already settled loan facilities approximating AUD$3 billion nationally since the establishment of the LM First Mortgage Income Fund.

LM's Commercial Lending Department is a familiar financial resource to Australia 's property and development sectors.

A borrower, either directly or via their finance broker, will often employ LM for its superior service and genuine understanding of borrowers needs as opposed to major financial institutions.

Advantages of working with LM  

• Hands-on property experience
• Versatile and competitive rates
• Flexible
• Open and regular communication
• Professional, efficient and prompt service
• Impeccable track record of on-time settlements.

We pride ourselves on our proactive approach to lending. It is important that we meet with our borrowers and their consultant team, and regularly visit property securities to ensure our continued due diligence maintenance process.

We listen to the industry – to financiers and developers – to monitor trends, anticipate movements and identify 'quality rather than quantity’ investment opportunities.

How it works

• Upon receiving your initial phone enquiry, one of our lending specialists can generally advise if a lending proposal aligns with our lending capabilities.
• If the initial enquiry is accepted, we then require detailed proposal information.
• Generally, proposals are reviewed by our credit committee within seven days, dependent on receipt of requested information.
• Approval from the credit committee will result in a letter of offer sent to you the following day.
• On acceptance of the letter of offer our due diligence process will commence.
• The average time from acceptance to settlement is three to five weeks.

The LM Commercial Lending Department provides funding on first registered mortgage properties through the LM First Mortgage Income Fund including:

• Development Securities (Up to 66.67% LVR)
  • Commercial & Retail properties,
  • Residential properties,
  • Industrial properties,
  • Aged care properties, and
  • Land subdivision.
• Asset lending for owner-occupiers and investors. (Up to 75% LVR)
  • Commercial Office,
  • Retail,
  • Industrial,
  • Residential, and
  • Aged care.

Contact the Commercial Lending Department
Tel: (07) 5584 4500
Freecall: 1800 062 919
Email: commerciallending@LMaustralia.com