Term Loan Equity Release Update: Broker/Partners

Snapshot: Facility sizes: $50,000 – $5,000,000Maximum LVR: 75%Maximum term: 2 years (24 months)First mortgage rate: From 7.99% per annumCaveat/Second mortgage rate: From 1.5% per monthPurpose: Refinancing (defaults, end of term), bridge (rapid equity release), ATO debts, non-residents, etc Stak partners are enjoying a higher than expected volume of short-term funding inquiries since the credit tightening. We’re […]