LOW Doc Financing BASED ON THE ASSET VALUE
1st Mortgage 7.5% – 8.5% range per annum based on 12 month loan
2nd Mortgage Circa 12% – 18% per annum (LVR sensitive)
Interest rate to reflect the LVR* risk profile and loan term
Reliable long term financier with whom we have a direct relationship with only.
LENDER RELATIONS - We are not general brokers. We have a direct relationship with a handful of HNW investors and lenders, having a direct involvement in credit decisions that allow ACMF to lend as part of the mix when required. Many times we quote and it may be higher than others, however our strength is funds are procured and available (stated in all loan offers) performance and integrity. We keep it simple, if we are unable to compete or deliver, we advise accordingly.
SHORTFALL - If a small shortfall does exist, ACMF can make up the balance required by internal arrangements. By having this relationship with preferred investor / financier, we can assist our clients where other lenders and brokers cannot. NOTE: Our lending is restricted to when our first mortgage firm is making the first mortgage advance having a formal relationship.
THIS IS OUR POINT OF DIFFERENCE!
All loan Offers have funds set aside and/or available if accepted and settled within the time frames as quoted in the loan offer made, unless stated otherwise.
Lending is based on straight real estate asset values / development product demand / borrowers business / repayment plan. We are not cash flow lenders.
Loan Offers made and Mortgage documents reflect the same.