SPECIAL PRODUCT
ANNOUNCEMENT
Aside from our general non-code, private first mortgage
product, ranging in pricing from 12% per annum, $0.20 M to $1.00 M preferred,
without no valuation required (though we do have much larger parcels for a
particularly attractive proposal).
WE ARE CONTACTED FROM
TIME TO TIME WITH SPECIAL FUNDING PARCELS FOR SPECIFIC PURPOSES. TODAY IS ONE OF THOSE DAYS –
CONSTRUCTION FUNDING
that’s right, I said
CONSTRUCTION FUNDING
As always, our
fee and yours – are negotiable and will depend on quality, urgency, location,
amount etc.
NO PRESALES NECESSARILY REQUIRED
(BUT OBVIOUSLY IT NEVER HURTS TO HAVE THEM!)
FURTHER DETAILS
Queensland only. Brisbane is preferred, but other
major QLD locations may be considered.
- - Up to $5.00 M (consider up to $7.00 M) - GRV 70% (consider up to 75%)
-
Rate 11.5%
pa Establishment fee (to lender) 2% Term up to 18 months
THIS WILL NOT
LAST LONG, SO IF YOU HAVE ANY PROPOSALS FOR US TO CONSIDER, PLEASE LET ME KNOW
NOW!
Generally speaking, we do have other construction
funding available from 15% pa up to $15.00 M (though again larger
transactions may be considered), anywhere that makes sense.
Up to GRV 60% will be considered.
