01 Dec A fancy new Newsletter – Just for you!
This week’s Lender Highlights for your lending pleasure.
The countdown is on! Only 34 sleeps ’til Christmas!
If you are looking for short-term finance to get you through the Christmas chaos, we’ve got the goods.
Short term, 1st mortgage, non-NCCP, must have exit strategy:
- Land Bank will lend against valuation rather than purchase price. Will lend on DA value. Major locations only up to 60% LVR. Max loan amount $10m. 1-12 month term. Rates 1.25% per month. Fast settlement.
- Commercial and Residential up to $6m. Rates 9.5%-12% pa. Up to 70% LVR. Terms up to 1 year. Predominantly East Coast metro.
- All property types considered up to $5m. Rates 12% pa. Up to 70% LVR. SEQ only. Very quick settlements. Internal valuation only.
- All property types considered up to $1m. Rates 1% per week. Up to 70% LVR. Australia wide. Settlement usually within 48 hours. Very short term only, suited mainly to 7 – 120 days when urgent funding required
- Commercial and Land Bank (no construction) up to $4m. Rates 9.5% – 10.5% pa. Up to 65% LVR. Sydney and Melbourne only.
One last thing.
Don’t forget to check out our Gee-up Office Jams playlist on Spotify.
Don’t be concerned, there’s no Nickelback on there.