1st Mortgage to Purchase Commercial Property in Penrith NSW
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Scenario:
Prime Finance was approached by a broker who had a client needing short term funding of $900,000.00 for 6 months to purchase a commercial property in Penrith NSW.
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Solution:
Prime Finance did this as a 1st mortgage and settled in 3 business days. The LVR was around 75%. Valuation not was required, went off sale contract.
Visit our website or send scenarios to [email protected] and find out how we can help your clients
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