Is there an Instant Solution?
Recently we received an inquiry from a mortgage broker saying one of his clients was a builder and had bought a block of land in Torquay. His finance was not ready and if he didn’t settle by the following day, he was going to lose his deposit.
What is even more devastating is it’s a small development project that he stood to make good money on, so it was imperative that the property settlement takes place on time.
The property buyer said to his mortgage broker that he has staff and contractors, so losing a deal like this causes a snowball effect.
By 10am the next morning we received all the relevant information from his mortgage broker. The borrower’s solicitor was extremely helpful and our Credit Manager Catriona stepped it up another level and got the HomeSec Short term Bridging Loan all set up for a 1 month term, as requested by the broker.
We settled the loan at 5:30pm that day!
BOOM – No fuss, No stress, No rigmarole!
What we offer and are capable of doing is like no other lender!
Mortgage Brokers & Real Estate Agents
So when these situations arise, get in touch with us straight away and let us help your client.