Melbourne Residential Development Site Refinance
Loan Description
Overview
Refinancing for a residential sub-division in Melbourne
Amount
$15,000,000
Collateral
First registered mortgage on property, director guarantees
Use of Funds
Refinance existing lender and cash-out
Term
12 months
LVR
70% of valuation
Interest Rate
15% per annum
Date
13 Mar 2018
Status
Completed
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Size
$15,000,000
Indicative Interest Rate
15% per annum
Date
13 Mar 2018
Status
Completed