Recent Transactions

80% LVR – Commercial Property

Posted at January 11, 2019 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To provide a bank facility to 80% LVR against a new industrial warehouse being purchased in Thomastown

Loan Limit: 1st Mortgage – $240,000

LVR: 1st Mortgage – 80% of As Is value

Loan Term: 15 years

Facility Type: Term Loan

Interest Rate: 5.45% per annum