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Melbourne Property Financing

Melbourne Property Financing

Loan Description

Overview

Settlement of investment property in Melbourne

Amount

$4,000,000

Collateral

First registered mortgage on property, director guarantees

Use of Funds

Settle on purchase of property

Term

18 months

LVR

85% of purchase price, 70% of valuation

Interest Rate

10% per annum

Date

12 Oct 2017

Status

Completed

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Size

$4,000,000

Indicative Interest Rate

10% per annum

Date

12 Oct 2017

Status

Completed