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First Mortgage on Sydney Residential Property $1.5m

Sydney Commercial Property Second Mortgage

Loan Description

Overview

First mortgage loan on Sydney residential property.

Amount

$1,500,000

Collateral

First registered mortgage over property.

Use of Funds

Refinance of existing loans for business purposes.

Term

12 months

LVR

75% of valuation

Interest Rate

8-10% per annum

 

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Size

$1.5m

Indicative Interest Rate

8-10% pa

Status

Finish