We are now settling same day loans for borrowers that are in rescission on property purchases . Yep, that’s right…SAME DAY! This happens to so many borrowers through no fault of their own, and all they need is to settle so they can get their finance in place. As long as your loan is for the purchase of a commercial property or a residential property in a company name, OR we are lending to a business, we can help you!
We settled a deal today for a gentleman who bought a small residential development site. His finance fell through, and if he didn’t settle today, he would have lost his deposit. He is going to make a great return on the project, so naturally, he didn’t want to lose it. So he has borrowed money from us for 3 months until he can get construction finance in place.
And, let’s just say Andrew (our new broker) was impressed with our speed and the tasty commission he received without even needing to supply a mandate. He simply told us his fee and we built it into the loan.
The HomeSec Way…
- We don’t need financials
- We don’t do valuations
- Bad Credit History and Loan Arrears are ok
We prepay interest - so in the case of the deal we settled today, the client doesn’t have to pay anything until his loan matures, and this ensures his cash flow isn’t drained while he prepares to start the project.
Click the picture below to see what we mean. It's handy for Real Estate Agents, and now PERFECT for Finance Brokers who want to be the person with the SOLUTION.