Prime Finance’s Weekly Scenario

By January 25, 2018Finance

 

Prime Finance’s Weekly Scenario
Prime Finance - 1st Mortgage

Scenario:

Prime Finance was approached by a broker who had a client that needed short term funding of $1,500,000.00 for 6 Months on a commercial building in Matraville NSW, to pay out existing mortgage.
Solution:
Prime Finance did this as a 1st Mortgage and settled in 3 business days. The LVR was around 75%; 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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