Equity Release (Second Mortgage)
Need to quickly (re)finance a property to release cash? If the below criteria suits your scenario then we can help.
- Any genuine business purpose e.g. ATO Debts etc.
- Up to 70% of the ‘as is’ value with improvements
- Up to $2M Loan Amount
- No serviceability required, interest is prepaid up to 12 Months + extensions
- Rates are LVR and Postcode dependant from 14.95% to 19.95% per annum
- Pricing for major metro areas provided, all other postcodes considered on application
- Settlement within 5 days of receipt of all outstanding information
- Please note that stand-alone security is only available for major metro residential, all other sectors or locations will require additional security
- Non-Coded Loans only
Non-Coded Loans are loans that are applied wholly or predominately for business or investment (other than residential investment) purposes.
If the Borrower is an established Australian company, then the loan is deemed to be Non-Coded.