Residential Bridging Loan to Purchase Property in Coffs Harbour
Home » Blog » Finance » Residential Bridging Loan to Purchase Property in Coffs Harbour
| 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.
Visit our website or send scenarios to [email protected] and find out how we can help your clients.
|
|
|
|
|
