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RAC Finance Limited

SKU: f201ab7e2b49 Categories: , ,

Profile

Department Name

Property Finance

Minimum Interest Rate (% pa)

07% to 08%

Maximum Interest Rate (% pa)

08% to 09%

Loan to Value Ratio

Will lend up to 70-80% of hard costs (land value plus fixed price contract)

Excluded Loans

Will lend on Perth metropolitan properties only

Security Structures

First registered mortgage over property, GSA on business

Minimum Loan Tenor (months)

12

Maximum Loan Tenor (months)

24

Minimum Loan Size ($)

500,000

Maximum Loan Size ($)

7,500,000

Property Loan

Development Finance, Site Acquisition

Lender Credit License

Yes

Product Sheet

RAC Finance LimitedProduct Sheet

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