Prime Finance | Weekly Newsletter | June 3rd 2026 | 2ND MORTGAGE SETTLEMENT
June 3rd | 2026 Scenario:A broker approached Prime Finance seeking a 2nd mortgage at 75% LVR, secured against their residential property, to purchase a new business. The amount requested was $100,000. Solution:Prime Finance can provide a 2nd mortgage facility at 12% p.a., structured with interest only repayments over 6 moths. Key Takeaways: ✅ $100,000 2nd Mortgage