Property Loans

 

Basic Finance offers wide and extensive choice of secured loan products and services which
are founded not on your credit history or lack of financials statements or credit or character
risk merits , but based on using your repayment strategy and common sense which gives
you more flexibility and options to secure that important finance you sought. We do
believe, that we can offer one of the best alternative non-bank finance options in todays
market place. We do have ability to settle property transactions up to $25 Million per
single security. With our transparent and hassle free process from the start to the finish. Delivering results in timely manner.

We don’t close our doors at 5 PM, and offer 24/7 customer service.

 

Lending Matrix

 

Unit / Townhouse

House

Commercial

Acceptable Security

Residential property in metro area of NSW, VIC, SA and QLD
Residential zoning only

Residential property in metro area of NSW, VIC, SA and QLD
Residential zoning only

Commercial properties in metro area of NSW, VIC, SA and QLD

Maximum LVR

80%

80%

75%

Loan Amount

$200,000 to $3,500,000

$200,000 to $10,000,000

$200,000 to $20,000,000

Interest Rate

5.95% p.a.

5.95% p.a.

6% – 7% p.a.

Income Verification

No

No

No

Establishment Fee

2.2%

2.2%

2.2%

Loan Term

12 months with 3 months minimum repayment

12 months with 3 months minimum repayment

12 months with 3 months minimum repayment

Rank

1st  Mortgage

1st Mortgage

1st Mortgage

Repayment

Interest only | No Discharge Fee

Interest only | No Discharge Fee

Interest only | No Discharge Fee

Valuation

Yes

Yes

Yes

Caveat /2nd Registered Mortgage Lending Matrix

 

Unit / Townhouse

House

Commercial

Acceptable Security

Residential property in metro area of NSW, VIC, SA and QLD
Residential zoning only

Residential property in metro area of NSW, VIC, SA and QLD
Residential zoning only

Commercial properties in metro area of NSW, VIC, SA and QLD

Maximum LVR

80%

80%

75%

Loan Amount

$200,000 to $3,500,000

$200,000 to $10,000,000

$200,000 to $20,000,000

 

Key Features

  • NO FINANCIALS OR CREDIT CHECKS
  • LOWEST RATES AND FLEXIBLE TERMS
  • INTEREST ONLY FACILITIES RANGING FORM 2 MONTHS UP TO 5 YEARS
  • NO PENALTIES FOR EARLY REPYAMENTS
  • HIGH LOAN TO VALUE RATIOS
  • LOANS TO COMPANIES AND SME LOANS
  • 1DAY A.B.N HOLDERS
  • WE LEND AUSTRALIA WIDE
  • SETTLELENTS IN 24-48HOURS
  • FORMAL OFFER WITHIN 2 HOURS

Loans We Can Offer

  • PRIVATE MORTGAGE FACILITIES
  • SECOND MORTGAGES
  • CAVEAT LOANS
  • NO DOC LO DOC PROPERTY LOANS
  • BAD CREDIT HOME LOANS
  • BAD CREDIT MORTGAGES
  • INDUSTRIAL LOANS
  • SPECIALISED SECURITIES LOANS
  • DEVELOPMENT FINANCE
  • CONSTRUTION FINANCE
  • MEZZANINE FINANCE
  • COMMERCIAL MORTGAGES
  • HOME EQUITY LOANS
  • BRIDGING LOANS
  • NO CREDIT CHECKS HOME LOANS

Our Blog

Short Term Business Loans Information

Short Term Business Loans Information

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Private Mortgages

Private Mortgages

Private Mortgages What Is It? A private mortgages is a loan made by an individual or a business that is not a traditional mortgage lender. If you’re thinking of borrowing for a home or something along those lines. Then, private loans can be beneficial for everybody if...

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Property Loans – Bridging loans

Property Loans – Bridging loans

Property Loans: Bridging loans. What Is A Bridging Loan? A bridging loan is a property loans. If you want to purchase a property with the intention of selling an existing one, you would require a bridging loan. The extent of a bridging loan is calculated based off of...

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Contact Us

149 E Boundary Road, Bentleigh
East VIC 3165

 

1300 792 284

 

info@basicfinance.com.au

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