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PRIVATE MORTGAGES AUSTRALIA PTY LTD

Profile

Department Name

Lending

Minimum Interest Rate (% pa)

12% to 13%

Maximum Interest Rate (% pa)

20% and Over

Loan to Value Ratio

80% of residential property value as registered 1st mortgage, 70%of gross realisation value for development projects

Excluded Loans

NCCP Coded Loans

Security Structures

Registered 1st Mortgage, Registered 2nd Mortgage, Caveat loans all with GSA on business and director guarantee

Minimum Loan Tenor (months)

2

Maximum Loan Tenor (months)

36

Minimum Loan Size ($)

100,000

Maximum Loan Size ($)

2,000,000

Property Loan

Bridge Loan, Development Finance, Site Acquisition

Point of Differentiation

Development Finance up to 70% of GRV not costs. No financial required, the exit strategy is imperative. We service all of main land Australia and Tasmania.

Product Sheet

PRIVATE MORTGAGES AUSTRALIA PTY LTDProduct Sheet

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