What is it, & what does it mean for clients?
The most worrying part about applying for business finance is that so much is riding on it being approved. Let’s face it, you aren’t applying for the thrill of it.
If the funds are required urgently, the last thing you need is to have to navigate through complex lending criteria, wait days or weeks for a sworn valuation to be done, supply years worth of financials, and be constantly drip-fed additional questions by the lender.
Then after all that, you may be declined due to some small technicality, OR the private lender has run out of money to lend. (yes…. we hear of this happening far too frequently).
Thankfully, HOMESEC takes the stress and uncertainty out of borrowing.
See how it works.
Simply apply in less than a couple of minutes. Our team looks at the application, and if what your client has told us fits our simple lending criteria, we will issue a Conditional Approval (Funding Offer) within 1 business hour.
Once the Funding Offer is digitally accepted by the client, the small acceptance fee is paid online, and any simple conditions have been met, we will get multiple team members onto the loan straight away. We aim to have full due diligence completed within a matter of hours.
If everything stacks up the way the client has told us, loan contracts are issued.
At this stage, the funding is now GUARANTEED!
Once the loan contracts are signed and scanned back, we will fund the loan right away.
That’s how simple it is. Best of all, most of our loans are funded within 24 hours from the time we first receive the application.
No waiting days upon days, and no subjective variables like being declined over low credit scores or payment defaults on other loans. Plus unlike some private lenders, we don’t run out of money.
What is also important to note is your Broker Fee is paid the same day the loan is funded, and there are no clawbacks.
Call us on 1300 93 83 87 with any scenario, and we will be able to tell you immediately over the phone if it’s one we can fund it or not.
Or click HERE and take a minute or two to lodge your application.