All Topics / Value Adding / Looking for short term financing via caveat loan

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  • Profile photo of mcquiremcquire
    Member
    @mcquire
    Join Date: 2006
    Post Count: 7
    December 21, 2006 - 10:32 am

    Could anyone point me to a company to obtain a caveat loan. My property has a clear title, is valued at about $400K. I am wishing to borrow $250k.[confused2]

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213
    December 21, 2006 - 2:38 pm

    Why a caveat loan? These are usually 5-10% per month.

    What about a normal loan? around 8% pa.

    Terryw
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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