1st Mortgage on Notice to Complete in Adelaide

By October 31, 2018Finance

 

Short Term Loans

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.

 

Visit our website or send scenarios to [email protected] and find out how we can help your clients.
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