Residential Bridging Loan to Purchase Property in Coffs Harbour

By July 22, 2018Finance

 

Prime Finance’s Weekly Scenario
Short Term Loans

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.

Visit our website or send scenarios to [email protected] and find out how we can help your clients.
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