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Sydney Apartments and House Financing

Sydney Apartments and House Financing

Loan Description

Overview

2 units and house located in Sydney financing

Amount

$2,600,000

Collateral

First registered mortgage on the properties, director guarantees

Use of Funds

Settle on purchase of house and repay debt owing on the 2 units

Term

12 months

LVR

70% of valuation

Interest Rate

12% per annum

Date

18 Oct 2017

Status

Completed

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Size

$2,600,000

Indicative Interest Rate

12% per annum

Date

18 Oct 2017

Status

Completed