We offer loan funds for any worthwhile purpose, secured on appropriate lending margins against freehold Commercial, Rural, Residential and Specialised Properties.
Loan security may comprise first or second registered mortgages or a combination of both. To reduce mortgagee risk we will not fund loans that fall within the Consumer Credit Code Legislation.
The loans are usually for a one or two year term, “interest only” with monthly, in arrears payments. Our Credit Policy seeks to provide a balance between the security property, servicing capacity and Borrowers asset position, whereby flexibility can be exercised during the assessment process in relation to property type and location, proof of income and the Borrowers Credit record.
We believe this global approach to Credit Assessment produces more realistic Lending outcomes.
