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Property Purchase

Friday 21 August 2020

Property Settlement Cancelled Due to Finance Delays

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.

LODGE A SCENARIO        BECOME A PARTNER

 

 

Our Company

HomeSec Business Finance is Australia and New Zealand’s largest short term business lender and the trusted funder of choice for fast short term business loans.
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