PRODUCT LINES:

CONSTRUCTION FINANCE $1m - $50m

- Construct 1 - Loan Amount $1.5m – $3m (Internal directly funded)

  • Interest Rate 9.5% per annum

  • Loan Approval Fee 2.5%

- Construct 2 - Loan Amount $3m - $15m (Internal directly funded)

  • Interest Rate 8.0% per annum

  • Loan Approval Fee 2.25%

- Construct 3 - Loans $10m - $50m (External Fund) Lower costs on higher amount

  • Interest rate 7%-8% per annum

  • Loan Approval Fee between 1.5% - 2.0%

LAND FINANCE (Land banking - Internally funded)

  • 8.0% per annum

  • 2.5% Loan Fee

URGENT SETTLEMENT - SHORT TERM ASSET FINANCE (Internally funded)

Quoted on a case by case basis Settled within 3-5 business days if all information is provided.

Typical quote 9-10% per annum plus 2.5% total loan fee

STAND-BY FACILITY (Internally funded)

Unique to ACMF, all of our loans have this facility at no extra set up charge. This is not available outside an ACMF Facility from 2% per month minimum 2 months;

SECOND MORTGAGES (Internally funded)

Quoted case by case typically 15% - 18% per annum plus fees LVR Limits 70% higher with supporting securities or clear repayment plan

BASIC TERMS

LVR limits apply typically 60% - 65% on all first mortgages. Line fees quoted on case by case basis.

Refer to standard Terms and Conditions