Simply own a property with sufficient equity, which has a Clear Title. (ie: no other mortgages or caveats on the title)
You simply need a rates notice for the property, and photo ID for each person on title (ie: each owner). If the property is in a state where paper titles still exist, you will also need to have the Certificate of Title in your possession.
In most cases, you can borrow up to 75% of the value of the property. That means if the property was worth $950,000, you could borrow up to $712,500 including capitalised interest and costs.
If you have sufficient equity in real estate and a business purpose for the loan, then you are almost certain to get approved and funded in 24 hours.
After completing our online application we will need a copy of your ID and a rates notice.
All you need is sufficient equity in real estate and require the funds for business use.
Click on any of the apply online buttons on our website, or fo to https://www.shorttermcaveatloans.com.au/
Not at all, credit history is not relevant to our lending policies and guidelines.
First mortgage security means that the Lender will have the first ranking interest in the property you offer as security.