Investment refinance of $2.7m plus, $800,000 construction facility

The client required Loans Only to reconfigure their lending structure to release equity to fund the construction costs of a new principle place of residence.

Issues:

  • Complicated ownership structure with assets held across multiple trust and company structures
  • All of the investments were cross securitised
  • Structure was rent reliant for servicing.

Solution:

Leveraged a niche within one of the major’s medico policies allowing Loans Only to negotiate the servicing assessment rate down to 6.25%. The client had also recently sold their business under a vendor financing arrangement. Loans Only negotiated the inclusion of the vendor finance to further improve servicing to support the equity release for the construction component.

 

 

 

By |2018-07-05T12:07:04+00:00June 28th, 2017|