Private Lenders

Discussion in 'Loans & Mortgage Brokers' started by klabat, 28th Nov, 2017.

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  1. klabat

    klabat Well-Known Member

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    Just wondering if there other lenders besides Peppers and Liberty, that would consider unique small land allotments under 50sqm.

    Seems like we would need to look at these avenues as its an unconditional deal and close to 1.5months away till settlement.

    Client is is looking at 88% LVR loan.
     
    Last edited: 28th Nov, 2017
  2. Richard Taylor

    Richard Taylor Well-Known Member

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    Yes assuming you are talking about a full doc loan then Yes possible.

    Regards
     
  3. Tom Simpson

    Tom Simpson Well-Known Member

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    Bluestone will do almost anything as long as it makes sense. I've not tried to place a deal like this with them so I can't comment on specifics.
     
  4. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    That is an unusually small piece of land - what can it be used for?
     
  5. Richard Taylor

    Richard Taylor Well-Known Member

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    although Vacant Land is not one of them.
     
  6. klabat

    klabat Well-Known Member

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    Any other private lenders that are in this space for a unique vacant land