HOW WE LEND
One Lending Fund Lending Criteria
Type of Loan Loans to Borrowers are primarily structured as a pre-paid fixed interest rate.
Security Loans are to be secured by first mortgages or second mortgages over real estate.
Purpose of loans Loans for established real estate. The Fund will not provide development finance.
Target location of security Greater suburban Sydney, Melbourne and Brisbane. The Fund may also lend to
property in other area located in Australia.
Target loan to value ratio Each loan cannot exceed 70%-75% of the value of the security at the time of application.
Minimum and maximum
amounts for each loan
Minimum loan value is $100,000, including prepaid interest if applicable, per security.
Maximum loan value is $7 million, including prepaid interest if applicable, per security.
Loan term Typically 3 -12 months. The Manager may extend the term of the loan.
Insurance Adequate insurance over the property to be mortgaged must be in place.
Independent Valuations
Valuations to be prepared by an independent, qualified and registered valuer prior to advancing loan funds against a property being offered as security.
Consumer Loans
The Fund will not provide loans which would be regulated under the National Consumer Credit Protection Act 2009. All non-coded loans are to be assessed
according to credit policy.
*No hidden agendas and hidden fees
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Lending Cases
Scenario A
Borrowing purpose: Business cashflow
Borrowing amount: AUD 1,800,000
Type of colleterial: Commercial property
Location: Parramatta, NSW
Third-party valuation: AUD$66,000,000
Loan to Value Ratio : 29% (2nd Mortgage)
100% personal guarantee from the company directors
Loan Status: Closed
Total loan term: 92 days
Scenario B
Borrowing purpose: Business expansion
Borrowing amount: AUD 800,000
Type of colleterial: Residential property
Location: Chandler QLD
Third-party valuation: AUD 3,850,000
Loan to Value Ratio: 28% (1st Mortgage)
100% personal guarantee from the company directors
Loan Status: Closed
Total loan term: 120 days
Scenario C
Borrowing purpose: New business
Borrowing amount: AUD 350,000
Type of colleterial: Residential property
Location: Sydney NSW
Third-party valuation: AUD 975,000
Loan to Value Ratio: 36% (1st Mortgage)
100% personal guarantee from the company directors
Loan Status: Current
Total loan term: 91 days
Common loan purpose:
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1. Bridging - Buy before Sold
2. Purchase
3. Equity Release
4. Renovation
5. Working Capital
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Commercial Property Purpose
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1. Residual Stock
2. Development Site
3. Land purchase and cashout
Residential Property Purpose
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1. Bridging
2. Renovation
3. Self employed
4. Fast funding
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Other Sample Deals Funded by One Lending Fund and N1 Holdings Ltd entities
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Bella Vista 12 townhouses loan build-to-rent $4,140,000
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Sydney CBD 37 apartments and 1 commercial property loan $25,000,000
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Peakhurst 9 townhouses residual stock funding/financing $3,200,000
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North Willoughby house business loan cash out $3,000,000
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Dural house refinance business loan $5,000,000
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Pymble house business loan cash out $4,000,000
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Newtown residential + commercial property business loan $2,100,000
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Waterloo commercial property refinance loan $1,300,000
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Pinjarra commercial property refinance loan $4,935,000
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Cooper Plain petrol station purchase loan $1,650,000
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Mascot commercial office loan $600,000
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Thomastown commercial industrial property refinance loan $4,550,000
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Ravenhall commercial industrial property refinance loan $4,550,000
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Riverstone 6 house land residual stock loan $580,000
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Waterloo Dental consulting and Surgery Suite loan $660,000
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Varroville NSW land banking $300,000
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Leichhardt Mixed used commercial office loan $300,000
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Waterloo Commercial office refinance $720,000
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Homebush West commercial store purchase $1,100,000
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Business loan secured by Northbridge house $1,085,000
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Tempe commercial warehouse refinance $1,949,000
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Business purpose loan secured by Burwood two apartments $374,000