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Mar 26 10

Fast Finance

by admin

Short Term Loans

Must be secured against an investment property in a company name

Minimum loan size of $100,000

True No Doc 80 Investment Loan

The loan has the following features:-

Up to 80% of the residential investment property valuation

Clean Credit Only, No defaults

Variable rate currently at 11.5%

Valuation at cost

Legals

Acceptance Fee 2.2%

Accountants letter not required

No Application fee

No Lenders Mortgage Insurance

No ABN

No GST registration

No Trading Statements

No Deferred Establishment Fees

Maximum Loan term of 1 year

*** NO EARLY REPAYMENT FEES ***

With this short term loan you can pay it back as soon as you wish with no penalty.

This loan is only available in major metropolitan areas for residential investment properties in good condition.

There must be a defined strategy as to how loan is to be paid back. (Exit strategy)

Please fill out the application form, except for income which is to be left blank.

* Lenders have fees and charges. Terms and conditions apply. All applications subject to lenders’ credit criteria.