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  • Profile photo of judwjudw
    Member
    @judw
    Join Date: 2006
    Post Count: 2
    January 19, 2006 - 3:12 am

    Hi, does anyone know of the best way to obtain a private finance facility. I presently have one that is due for expiry. I’m looking for an interest only loan for $980k secured by both 2 residential and 1 commercial security. My current loan was approved and funded within 2 weeks, with no questions. If you can give me some idea of where to obtain a similar type of facility it would be really appreciated.
    Thanks[confused2]

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    January 19, 2006 - 4:00 am

    Hi Judw,

    What is the value of the security properties and are they unencumbered?

    Regards
    Alistair

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    January 19, 2006 - 12:22 pm

    judw

    Why are you looking for private finance.
    This day and age most properties where you have equity in the property can be funded by a traditional lender i.e lodoc, no doc etc

    Richard Taylor
    Residential & Commercial Finance Broker
    Ph: 07 3720 1888
    [email protected]

    Richard Taylor | Australia's leading private lender

Viewing 3 posts - 1 through 3 (of 3 total)

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