Finance for Property Purchases
Been let down at the last minute by your bank, or you have a shortfall in funding? It’s great to know there is a finance company out there who can fund you either on the same day. or within 24 hours. This means you can still settle on your property purchase on time, and NOT….
- Go into rescission
- Lose your deposit
- Be hit with fees and penalties
- Damage to your reputation
If you apply before 9am, we can actually be ready to fund you that same afternoon. How fast is that!!!
All you need to do is Apply Online, and supply…
- A scanned copy of the Contract of Sale
- The finance contract that has been delayed or cancelled
- Photo ID for each person going on title
- A scanned copy of a Trust Deed (only if being purchased in a Trust)
We can have you approved within 2 business hours, and can fund you in 24 hours. It is literally that fast and that simple.
What is Required?
Very Little! As our Bridging Loans are purely for business or commercial investment purposes, your purchase needs to be one of the following…
A Commercial Property being purchased in EITHER a personal OR Company name
A Residential Property being purchased in a Company Name
Unfortunately, laws prohibit us from funding you if you are buying a residental property in your own name.
However if you have taken all the necessary safeguards for asset protection, and bought your residential investment property in a Company Name (or a Trust with a Company as Trustee), or if it is a Commercial Property, we can fund you RIGHT AWAY.
HOW MUCH CAN WE LEND
Max LVR: 75% of the purchase Price (including costs). If you need more than 75% and you have equity in other real estate, WE CAN STILL FUND YOU
You can take the bridging loan for a minimum of just 1 month, or up to 6 months.
We can tailor it to your needs.
Then as soon as your long term finance is in place, they simply pay our bridging loan out, and they become the 1st Mortgagee and we are done and dusted and gone.
Urgent Finance For Property Purchases
Need to Borrow the Deposit, or you need Funds to Complete a purchase? HomeSec can help in just 24 hours, with our Business Bridging Loans.
No more running the risk of losing land for a major development, just because the bank can’t deliver. No more feeling embarrassment because for whatever reason, you just don’t have the funds.
Thankfully, we are here to help. If we can secure our loan against real estate, and keep the LVR under 75%, we will fund you in 24 hours. Plus we don’t need to see financials, and credit history is irrelevant.
Real Estate Agents & Mortgage Brokers across Australia and New Zealand are also becoming aware of HomeSec Business Bridging Loans, and are actively telling their clients about them.
This is a smart move, because nothing breaks a Real Estate Agent or Brokers heart more than a hard fought sale falling over because of issues with finance.
Sadly, the reality is, it happens every day. So the smart real estate agents and brokers have partnered with HomeSec so they can have all the information to pass on to their clients, should the need arise.
This means their client can even Apply Online on the spot