Private Mortgages
Kim Kershaw Pty Ltd has access to private mortgage funds to suit a range of borrower needs and security requirements.
Our Private Mortgage loans can be secured against acceptable residential and / or commercial real estate. Private mortgage loans can be a real benefit for some borrowers and in some cases more cost effective than utilising a non-conforming lender.
By nature private mortgage loans are provided by individuals instead of financial institutions, and therefore the benefits of utilising private mortgage finance is substantial.
Advantages of using private mortgages include:
- In most cases there are NO credit checks, (loans are asset based)
- No financial statements or Assets and Liabilities required in most cases
- Minimal paperwork necessary
- Faster decisions and settlement times in most cases
- Terms from 6 to 60 months
- Ability to provide loans over ’specialised securities’ where others cannot
- Maximum first mortgage LVR 66% (75% with a blended second mortgage, for selected security)
Utilising private lending can ensure that no opportunity is missed. Contact us to see how our fast and flexible private mortgage solutions may be able to assist you.
