1st Mortgage on Notice to Complete in Adelaide

Scenario:

Prime Finance was approached by a broker who had a client needing short term funding of $650,000.00 for 4 months, client had a notice to complete and needed to settle within 3 days in Adelaide SA.

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Solution:

Prime Finance did this as a 1st mortgage and settled within the 3 business days they needed. The LVR was around 70%, a valuation was not required, went off contract of sale.