Development / Construction |
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Overview Target Loan Purpose Loan Features Loan Products |
Minimum Loan Size |
$50k (Subject to the loan scenario and to the LVR) Double security |
Maximum Loan size |
$15 mil(Subject to the loan scenario and to the LVR) Single security |
Loan to Value Ratio |
Loans are available up to 70% of the “upon completion” valuation prepared by a |
Minimum Loan Terms |
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Maximum Loan Terms |
Generally 12 months and then payable on Victorian Securities giving 30 days notice. |
Loan Repayment Frequency |
Half yearly interest in arrears strictly payable via direct debit by 31 March and |
Security Type |
Residential investment, Commercial property |
Redraw Available |
N/A |
Split Loan Available |
N/A |
Dynamic Repayment |
Yes after completion of construction N/A |
Additional Repayment |
N/A |
Loan statements |
Issued Half Yearly (But you can ask us when required we will mail them to you charges apply). |
Documentation Required |
Subject to the loan purpose, please call 1300 790 909 for more details |
Financial Information |
Borrowers who can demonstrate serviceability with up to date detailed financial statements covering the last 12 months |
Qualifying Interest Rate |
Please call our consultant on 1300 790 909 for more details |
Other Conditions |
A. Prime loans Borrowers must demonstrate serviceability with up to date detailed |
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