Sydney Commercial Property Second Mortgage
Loan Description
Overview
Quick settlement mortgage over existing commercial property
Amount
$250,000
Collateral
Registered second mortgage on the property, director guarantees
Use of Funds
Equity release on existing property
Term
4 months
LVR
70% of valuation
Interest Rate
4% pm capitalised interest
Date
12 Apr 2018
Status
Completed
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Size
$250,000
Indicative Interest Rate
4% pm capitalised interest
Date
12 Apr 2018
Status
Completed