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2nd mortgage over VIC properties

2nd mortgage over VIC properties

Loan Description

Overview

2nd mortgage required to complete construction of 3 townhouses

Amount

$200,000

Collateral

Second Registered Mortgage

Use of Funds

Complete construction

Term

6 months

LVR

33%

Interest Rate

1.5% per month

Date

27 Aug 2018

Status

Completed

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Size

$200,000

Indicative Interest Rate

1.5% per month

Date

27 Aug 2018

Status

Completed