Broker Information

We understand that when a potential customer approaches you for funding they want the following:

• Simple Process

• Quick Response

• Fair Rates

• No Penalty For Repaying Early

We focus on providing short term (12 month) interest-only or capitalised interest mortgages from $50k - $1m. 
 
Our Establishment Fee for commercial or business loans is normally 2% of the loan amount.  For consumer mortgages we limit our Establishment Fee to $975. 
 
Interest rates are in the range of 12 – 15% and we do not charge any penalty for early repayment, a good selling point for you and another cost saving for your customer.
 
In terms of security documentation, in most instances we instruct the borrowers lawyer directly thus keeping legal costs for the borrower to a minimum. 
 
Also, some lenders charge a fee for inspection of the security property on top of the cost to the borrower of obtaining a registered valuation report.  We do not charge and inspection fee and in instances, where the LVR is low, we may not even require a report from a registered valuer – a further cost saving for your customer.
 
Security is the key for us so we prefer LVR’s of 60% or less but are negotiable on other factors such as unproven income/credit history etc.
 
We have funds and funding lines available now for your consumer and commercial clients.  We accept applications in any format provided it contains all the normal information required.  Alternatively, you can submit a request through our quick application.  We are also happy to discuss any proposals that you have over the phone, where we can give you an instant indication of assistance.

We understand that speed is important and pride ourselves on providing a fast, no fuss service.

For further information please contact Leighton Christoffersen.