Private Mortgages
Private Mortgages are often referred to as Solicitor Loans, No doc loans and Equity Mortgages.
A lender from our network of private lenders will lend you money based on the equity in your security property.
We skip all the red tape and paper work involved with traditional lenders, if you have equity in your home its likely our lenders will lend you money.
Lenders lend on a range of security properties from Residential, Commercial, Industrial, to Vacant Land and take a First (1st) Mortgage over the property.
The following is a typical Private First Mortgage loan:-
Type: First (1st) Mortgage
Security: Residential, Commercial & Vacant Land
Location: Metro QLD, NSW & VIC. Other areas considered on application.
Loan Amount: $20,000.00 – $2,000,000.00. Other amounts subject to application.
Rate: 9.5% per annum to 12.5% per annum***
LVR: Up to 75%
Loan type: Interest Only
Term: 1-2 years
*** Interest may be capitalized for the term of the loan subject to the equity in the property.
Call us now on 1300 730 267 to discuss your situation or complete our Express Enquiry form and we’ll call you back shortly.