Loan Description

Loan ID

 

Date Submission

 

Loan Amount

 

Loan Type

 

Address

 

Loan Requirements

 

Additional Information

 

Contact the Borrower

 

 

 

Loan Scenario Statistics

  •   
  •   
  •   
  •   

Melbourne Development Financing

Melbourne Development Financing

Loan Description

Overview

Site acquisition financing for a residential sub-division in Melbourne

Amount

$10,000,000

Collateral

First registered mortgage on property, director guarantees

Use of Funds

Settle on purchase of property

Term

3 months

LVR

60% of valuation

Interest Rate

12% per annum

Date

17 Mar 2016

Status

Completed

Are you a lender and want greater access to dealflow?

(It’s free and takes 2 minutes)

Quick View

Size

$10,000,000

Indicative Interest Rate

12% per annum

Date

17 Mar 2016

Status

Completed