Bridging Loans

Bridging Loans

Merrick Malouf Merrick Malouf

Merrick Malouf

Managing Director & Founder | Lender for business loans, caveat loans,1st and 2nd mortgages.

发布日期: 2016年10月23日
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A sum of money lent by a lender to cover an interval between two transactions, typically the buying of one house and the selling of another. Waiting to sell an existing property, but found the perfect ' next' property? There is a way to ' bridge' the gap. A bridging loan may also be used to purchase an investment property with the loan repaid when the investment property is refinanced.?

Bridging loans 1st & 2nd mortgage loan/caveat loans

Bridging loans are no longer than a 12 month period

Prime Finance Bridging loans product guides residential/business purpose


1. Loans up to 1 million dollars

2. LVR up to 80% of as is value (terms and conditions apply)

3. Rate mortgage/caveat loan rate is 1% to 2% per month


Prime Finance Bridging loans securities


·        Residential properties in metropolitan areas

·        Rural / Residential properties (population over 50,000)

·        Commercial properties

·        Industrial properties

·        Vacant Land (in metropolitan areas only, LVR up to 80%)


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