PRIVATE FIRST & SECOND MORTGAGES
Are you in need of a mortgage solution for only 6 -12 months?
Example 1.
For example you have a cash flow problem and are in arrears, you decide to sell your property before the bank does. This is a perfect solution for you, no massive exit fees. And can prepay the interest for the term of the loan so you can breath easy.
Example 2
You have a commercial or investment property and are starting your own business, you need instant access to cash but need 12 months to get your cash flow up and going, again having the option to pre pay the interest can assist you greatly.
Example 3
You are self employed and have not enough financials to apply for a bank loan, you need working capital and use your investment property as security, thus enabling you more time to complete your financials and at the end of the loan term return into the main banking sector.
Example 4
You want to purchase an investment property and your finance as fallen over in the last minute, you have to settle in 5 days or you will start being penalised, this is where a 6 month private mortgage would suit, you settle your property on time and refinance to a bank at the end of your term.
It is so easy and the best part is you do not need to supply the same amount of information as a bank requires. Credit defaults are ok too!
|