Loan Description

Loan ID

 

Date Submission

 

Loan Amount

 

Loan Type

 

Address

 

Loan Requirements

 

Additional Information

 

Contact the Borrower

 

 

 

Loan Scenario Statistics

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VIC Residential Properties $1m

Construction Business and Property

Loan Description

Overview

Site acquisition & development finance to purchase property in VIC and construct 4 residential townhouses.

Amount

$1,022,000

Collateral

First registered mortgage.

Use of Funds

Purchase of residential property & construction.

Term

12 months

LVR

70% of valuation

Interest Rate

8.95% per annum

 

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Size

$1,022,000

Indicative Interest Rate

8.95% pa

Status

Finish