Hurstville Units Settlement Loan
Loan Description
Overview
Bridge loan to settle on purchase of unit in same apartment complex
Amount
$600,000
Collateral
First Registered Mortgage, Director Personal Guarantee
Use of Funds
Settlement of property purchase
Term
24 months
LVR
Up to 50% of Collateral Value
Interest Rate
BBSW+700bps
Date
27 Dec 2022
Status
Completed
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Size
$600,000
Indicative Interest Rate
BBSW+700bps
Date
27 Dec 2022
Status
Completed