Prime Finance’s Weekly Scenario

Prime Finance was approached by a broker who had a client that needed short term funding of $450,000.00 on a residential loan, the dwelling was 55% complete in Ringwood, VIC.

Solution:

Prime Finance did this as a 2nd Mortgage and settled in 5 business days on a caveat. The LVR was around 72%; valuation was required.

Visit our website or send scenarios to loans@primefinance.com.au and find out how we can help your clients.