Residential Bridging Loan to Purchase Property in Coffs Harbour
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Prime Finance’s Weekly Scenario |
Scenario: Prime was approached by a broker who had a client needing 60 day residential bridging loan of $185,000.00 to settle on a purchase of a property in Coffs Harbour. Solution: Prime Finance did this as a caveat and settled in 5 business days. The LVR was around 70%. Valuation was required. |
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