PRIVATE MORTGAGE LENDING IS A PERSONAL BUSINESS
so please call.
so please call.
FUNDS NOW AVAILABLE FOR URGENT SETTLEMENTS with
NO EXTERNAL VALUATION REQUIRED
What does LRPM do? Private mortgage lending, primarily first mortgage. The oldest form of secured lending.
Preferred range is $1.50 M to $3.00 M per security. For larger facilities, multiple securities are preferred.
This is a personal business, and I have extensive experience and may also offer an approach that you haven’t thought of.
If you don’t know why private mortgages may assist, why not find out? Those of you who do know, understand the benefits of not losing an opportunity because of institutional rejection or inability for timely action.
Private mortgages are not meant for the long term, and your exit strategy is important.
Pricing from 10%pa, depending on quality – location, LVR, amount, nature of security, urgency etc. We will meet the genuine market. Non-code loans only.
LRPM fee? 1% to 2%. Minimum term? 6 months. Development? Prefer not, frankly, but will consider on merit.
Yes, I was going to set out a detailed product matrix and costing, but each application is a new canvas. It’s faster and easier if you use the phone. You’ll know from our conversation whether or not we may be able to help. After that, the best thing to do is fill out LRPM editable application form online, or provide your carefully considered, but brief, outline for further consideration.
I look forward to hearing from you.
Steven Acworth
