Posts Tagged ‘Defaults’

Credit Impaired Commercial and Residential Loans from La Trobe

La Trobe currently has Private Funds for Credit Impaired loans up to $1 milion and LVR of 70% for residential and commercial properties.
Loan Conditions

Max loan $1,000,000
Max LVRs

70% for residential (credit impaired)
70% for retail shops and commercial offices
65% for industrial properties
50% for other income producing assets (suitable for >100 acre farms)

Interest rates starting from 8.19% for [...]

Paramount releases new First Home Loans with Credit Issues

Paramount Mortgages announce new First Home Loans for buyers with previous credit defaults. The loans allow buyers with credit issues to borrow upto 90% of the value of the property providing the defaults have been paid for at least 6 months and were less than $1000.
Buyers are also required to have 5% genuine savings. For [...]