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Gold Coast Property Financings

Gold Coast Property Financings

Loan Description

Overview

Gold Coast, quick financing of unencumbered plots

Amount

$1,700,000

Collateral

First registered mortgage on the properties, director guarantees

Use of Funds

Repay bridge finance lender

Term

12 months

LVR

55% of lender valuation

Interest Rate

15% per annum

Date

13 Dec 2017

Status

Completed

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Size

$1,700,000

Indicative Interest Rate

15% per annum

Date

13 Dec 2017

Status

Completed