First Mortgage Loans
Residential Investment
Properties
(Development, Commercial & Other
Structured Facilities - POA)
"Home Office"
PRIVATE (Bridging) & NON-CONFORMING
While residential price
trends and sentiment have generally improved over the past few months, it's
still on a postcode-by-postcode basis. PMCS is presently more focussed on
LVR, location and saleability of the real estate asset/s securing its loans
than has been the case for a while.
Settlement
liquidity and investor participation however remains strong.
"Home
Office" PRIVATE - up to $10.00M
LVR
Up to 70% (65% preferred)
Rate
9-12% pa fixed (case by case - LVR, location,
urgency etc)
Type
& Term One year
(minimum 6 months), interest only
Location
Capital cities and major regional centres (Eastern States preferred)
NON-CONFORMING - up to $3.00M per security property
LVR
Up to 75% (70% preferred)
Rate
9.45% pa (fixed one year - up
to 3 years fixed rate available)
9.45% pa (variable -
basis RBA)
Type &
Term Up to 3
years, interest only
Location
Capital cities and major regional centres, Australia-wide
I look
forward to discussing any scenario with you.
Steven
Acworth
Mobile +61 488 22 44 16
Email steven@sma.fund
Web www.pmcs.fund