Private First Mortgages

Private First Mortgages

  • Interest Rates 1 effective 3/12/2018.
  • Lenders with rates from: 7% per year.
  • Rates typically range from: 1.25% pcm.
  • Applicable Fees: Lender, Brokerage, Legals, Valuation (if applicable).
  • Term for Companies, Businesses, Trusts & ABN holders – Min 2 months up-to 12 months.
  • Term for Loans in personal names – Max 62 days.
  • Amounts: $50,000 – $10,000,000.
  • Amounts for loans in personal names: $200,000 – No Max.
  • Max LVR: Varies from lender to lender – no set limits but typically 70%, 75%, 77.5% & 80%
  • Locations: All Capital Cities, major Coastal Areas & major Regional Towns
  • Valuations: We will, at time of your initial enquiry, advise if a valuation is required and type of valuation required.
  • Valuation types include: Sworn, Exempt, Desktop, Agent Appraisal & Kerbside. BYO considered. 
  • Loan Purpose – (documentary evidence may be required by lender): Starting a business, business bond, business taxes, purchase or investment in business assets, business stock, business equipment, business invoices, purchase of shares, refinancing a margin loan
  • Exit Plan (paying back of loans): Refinance, sale of asset/stock, working capital, inheritance, outstanding work/invoices, commissions due.

If you’re looking for a short-term bridging loan lender that doesn’t look at your financials or credit history, we can immediately assist with 2 hour decisions!

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