Bridging Finance for $800,000.00 in Gosford NSW
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Prime Finance’s Weekly Scenario |
Scenario: Prime was approached by a broker who had a client needing short term bridging finance of $800,000.00 for 2 months to purchase a residential property in Gosford NSW. Solution: Prime Finance did this as a 1st mortgage and settled in 3 business days. The LVR was around 70%. No valuation was required, went off contract of sale. |
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