Eastern Suburbs Sydney Property Acquisition
Loan Description
Overview
Quick settlement of luxury property with intended bank refinancing strategy in place
Amount
$6,588,533
Collateral
1st Registered Mortgage, GSA Borrower Entity, Director guarantees
Use of Funds
Settlement of Property Purchase
Term
24 months
LVR
Up to 56% of Valuation
Interest Rate
8.75% per annum
Date
08 Dec 2020
Status
Completed
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Size
$6,588,533
Indicative Interest Rate
8.75% per annum
Date
08 Dec 2020
Status
Completed