Our INTEREST ONLY
1st & 2nd Mortgages
An INTEREST ONLY business loan is the perfect fit for business owners and commercial property
investors who want a tempory loan arranging for a longer term than a Business Bridging Loan.
Rather than having to pay high payments with a conventional business loan, an Interest Only
Business loan keeps your monthly payment to a minimum.
Interest Only loans are more affordable
as opposed to much higher payments with a Principal & Interest loan, as you simply pay the interest each month during the term of the loan.
Plus our Interest Only loans as very easy to get
approved. If you have sufficient equity in real estate, you are almost
certain to be approved and funded within 24 hours.
At the end of the 12 month term, you can pay the
INTEREST ONLY LOAN out (often through the sale of an asset, or refinance), OR you can extend the loan with no additional fees. You simply continue to pay the interest each month.
As it is a business loan, all interest and costs are fully tax deductible.
What is Required?
What is an Interest Business Loan
An INTEREST ONLY business loan is effectively a 2nd mortgage loan, which is a business loan that sits behind your current 1st Mortgage with your bank.Unlike a conventional Principal & Interest Loan, the monthly payments on our Interest Only loans are kept low as you are only paying the interest each month.
HomeSec Interest Only 2nd mortgages are perfect if you need access to a large sum of money by
tomorrow, and you want them for a longer term of 12 months or more.
Principal & Interest loan), so you simply pay the interest each month during the term of the loan.
Mortgage and Finance Brokers
across Australia and New Zealand are also
becoming aware of HomeSec Business
2nd Mortgage Loans, and are actively telling their business and commercial clients about them.
This is a smart move, because brokers need to be able have a solution if a client comes to them
needing a large sum of money, and they can’t get themapproved with any of the Cash Flow Lenders due to servicability issues, poor credit score, business type or length of time in business.
None of that worries HomeSec.