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Northbridge Sydney Bridge Property Loan

Northbridge Sydney Bridge Property Loan

Loan Description

Overview

Bridge loan to settle on property purchase then onsell

Amount

$1,947,500

Collateral

1st Registered Mortgage, GSA Borrower Entity, Director guarantees

Use of Funds

Settlement of Property

Term

6 months

LVR

Up to 95% of property value

Interest Rate

2.0% per month

Date

29 Aug 2019

Status

Completed

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Size

$1,947,500

Indicative Interest Rate

2.0% per month

Date

29 Aug 2019

Status

Completed