Equity Release

Mark Hutchins

Mark Hutchins

Director - Secured Lending

Equity Release to Assist with Purchase

Last month we were approached by a broker whose client was looking for an equity release on his existing properties to purchase a commercial shopfront for the expansion of his business.

He had been provided with a formal approval from another Lender, however had the facility amount reduced at the last minute due to the valuation coming in less than expected. This meant the Borrower had a shortfall of $350k to complete the purchase and was running out of time.

In 48 hours, we were able to provide an equity release against the remainder of his property portfolio for the shortfall, secured by second ranking mortgages.

The Secured Lending facility provided the borrower with 6 months to organise the sale of one of his investment residential properties and refinance of the residual debt.

If you or your client require urgent finance,  contact us at 1300 795 175 or email info@securedlending.com.au

equity release

Secured Lending

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, short term funding solutions with incredibly quick turnaround times. So why Secured Lending?
  • We have our own internal property valuation team.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hour

Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

 If you have a scenario to discuss, please call us on 1300 795 175.
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