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Short Term & Long Term Private Mortgages(Residential & Commercial Securities-Owner Occupied & Business / Investment Purposes)
We feel that a private mortgage can be a real benefit for some borrowers and in some cases more cost effective than utilising a non-conforming lender. Short term lending provides a solution for applicants to fulfil an interim need for finance. This could be for many different reasons; waiting for another asset to sell, inventory finance or having an opportunity arise that is just too good to miss. Product Overview Applicants: Investors, small businesses and bridging finance applicants. Purpose: Investment and business. Acceptable security: Residential, commercial and industrial properties. Australia wide with populations higher than 10,000.00. Loan to Value Ratio: Residential (80%) and commercial (70%). Loan amount: $10,000.00 to $30,000,000.00. Terms: 1-6 month loans. Applicants: Judgements, defaults and arrears ok. Same day approvals with minimal documents required. For more information surrounding short term and private funding, please contact Australian Finance Centre.
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Australian Finance Centre has access to exclusive and adaptable mortgage funds to suit a range of borrower needs requirements. Our private loans are available to both first and second mortgages.
