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% 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 per transaction.
Maximum loan value is $4 million, including prepaid interest per transaction.
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.
Valuations to be prepared by an independent, qualified and registered valuer prior to advancing loan funds against a property being offered as security.
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.
Recent Lending Cases
Other Recent Deals Done in Development Finance and Commercial Loans
Bella Vista 12 townhouses construction loan build-to-rent $4,140,000
Sydney west 16 units apartments construction loan $5,595,000
West Ryde 10 apartments build to rent construction loan $3,130,000
Peakhurst 9 townhouses residual stock funding/financing $3,200,000
Newcastle 12 townhouses construction loan $6,480,000
Central Coast 9 units of apartments with presales construction loan $4,400,000
Purchase of Motel Sydney south $1,200,000
Paramatta 16 apartments residual stock financing $5,000,000
Newcastle 4 townhouses construction loan $1,900,000
Killara Duplex construction loan - $4,000,000
Sylvania development site – land loan $1,250,000
Burwood commercial property purchase loan $2,980,000
Waterloo commercial property refinance loan $1,300,000
Pinjarra commercial property refinance loan $4,935,000
Cooper Plain petrol station purchase loan $1,650,000
Campsie construction loan $1,610,000
Maroubra construction loan – construction last stage -$450,000
Rural land purchase in Wilberforce NSW for farm production $1,000,000
Mascot commercial office loan $600,000
Email our team of commercial lending and development finance specialists to find out more: