Do you need 2nd mortgage/caveat funding but have found that no another lender will help or consider unpaid judgement or default? We are the preferred funder Australia-wide who will take your situation into consideration and offer ‘low doc’ applications up to $1.5 million.
Max loan amount: $1.5 million
Max LVR: 80% 1st mortgage, 2nd mortgages, caveats
Loan term: up to 2 years
Rates: 12% p.a. for business/caveats, 24% p.a. for bridging finance
- Unpaid judgments or defaults considered
- Acceptable securities include residential, vacant land, commercial or industrial properties
- Accountant’s declaration required for serviceability
Prime Finance understand all the requirements for a commercial/business loan application and will give you a quick and honest ‘yes’ or ‘no’ whether we can assist.
So, if you need an expert solution for your commercial/residential or 2nd mortgage property funding call us 1300 130 538.