At Private Mortgages Australia, we pride ourselves in being flexible with our valuation policy. All our loans are individually assessed on its merit and workshopped to ensure that we understand and meet the needs of the borrowers.
We have flexible valuation policy for improved residential properties, which in some circumstances may allow us to adopt a security value without the need of a sworn valuation. This saves the client both the valuation fee and time.
In certain circumstances, we may accept valuation reports completed for other lenders if it is reassigned to us, saving the client time and money as well as facilitating a quick approval and settlement.
If you have a scenario where a business client has been let down by a bank or other lender or just an urgent funding requirement all you need to do is fill in our Quick Application Form and we’ll get back to you within 4 business hours with an Indicative Letter of Offer. What’s more, once we’ve received all the required information from the Borrower then we can usually settle a loan within five business days.
If you’d like to discuss your loan scenario please book a time to speak with our head of Relationships, Shanta Lobo, here.
