Bridging Loan $250,000.00 to Complete Renovations
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| Prime Finance’s Weekly Scenario |
Scenario:
Prime Finance was approached by a broker who had a client needing a 60 day residential bridging loan of $250,000.00 to complete renovations on family home.
Solution:
Prime Finance did this as a caveat and settled within 5 business days. The LVR was around 70%, valuation was required.
Visit our website or send scenarios to [email protected] and find out how we can help your clients.
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