Case studies.
Settlement Spotlight
Mortgages
Vineyard Cash out
LOAN SIZE
$1,650,000LVR
50%RATE
7.95%BORROWING ENTITY
CompanyLOCATION
Yarra ValleyLand Bank
LOAN SIZE
$5,035,000RATE
7.50%LVR
55%INTEREST
Capitalised / pre-paidTERM
2 years120 Acres cash out
LVR
Lo DocRATE
7.95%LOAN AMOUNT
$2,400,000SERVICED VIA
Accountants LetterLOCATION
Nagambie VicIndustrial Warehouse
LOAN SIZE
$763,750RATE
6.25%LVR
65%INTEREST
Capitalised For 24 MonthsLOCATION
Dandenong SouthPrivate 1st Mortgage
LOAN SIZE
$3,500,000RATE
4.75%LVR
70%SERVICED WITH
Accountants Letter OnlyLOCATION
Toorak VicResidual Stock
LOAN SIZE
$2,440,000RATE
5.25%SERVICED VIA
Accountants LetterCREDIT IMPAIRMENT
$35,000 DefaultLOCATION
Padstow Heights2 Unit Development
SELF EMPLOYED
Lo DocRATE
7.99%LOAN AMOUNT
$1,955,000END VALUE
Lo DocLOCATION
Brighton EastLo Doc Vacant Land
DEAL TYPE
Lo Doc – Accountants LetterLOAN SIZE
$640,000LOAN Term
30 year P&I TermRATE
7.19%LVR
80% – on vacant landLOCATION
Mullaloo WA 6027Land Bank – DA Approved 90 Units
LOAN SIZE
$6,035,000RATE
7.50%LVR
55%INTEREST
CapitalisedTERM
2 Years2nd Mortgage – Incomplete Development
LOAN SIZE
$550,00RATE
13%CORPORATE ENTITY
No DocLOCATION
Werri BeachSECURITY
2 High End DuplexCoded Construction – 2 Units
LOAN SIZE
$595,000RATE
8.50%LVR
60% of End ValueINTEREST CAPITALISED
Exit – Sale of 1 UnitLOCATION
Ringwood East VicUrgent Settlement 5 Days
LOAN SIZE
$450,000CORPORATE ENTITY
Cash OutLVR
65%SECURITY
Resi PropertyLOCATION
Essendon West VicIncomplete Development
LOAN SIZE
$8,232,000END VALUE
$16,600,000LVR
55%RATE
8.00%LOCATION
Engadine NSW
Leasing
No Doc – Bus Loan
LOAN SIZE
$83,000DEALER BUY
YesDEPOSIT
15%PROPERTY BACKED
Yes Home OwnerABN REGISTERED
Since 2011No Doc – Car Loan
DEAL TYPE
No DocLOAN SIZE
$46,000DEPOSIT
10% Deposit, Dealer buyHOME OWNER
YesABN LENGTH
3 MonthsRaised Funds on Trucks & Trailers
DEAL TYPE
Lo DocLOAN SIZE
$130,000DEMONSTRATION OF SERVICEABILITY
3 Months Bank StatementsABN LENGTH
1 Day ABN, With Industry ExperienceNo Doc – Range Rover
PURCHASE PRICE
$162,000LOAN SIZE
$150,000RATE
6.07%ABN & GST REGISTERED
24 MonthsPROPERTY OWNER
NO DOCNo Doc – Porsche Cayenne
PURCHASE PRICE
$140,000LOAN SIZE
$100,000RATE
8.5%ABN & GST REGISTERED
12 MonthsPROPERTY OWNER
No DocNo Doc – 5 Delivery Vans
PURCHASE PRICE
$162,000LOAN SIZE
$170,000RATE
8.6%ABN & GST REGISTERED
Since 2013LOAN TERM
5 Years