We are FASTER THAN BANKS and
CHEAPER THAN CAVEATS
Eastwood Securities Mortgage Fund takes a flexible approach to assessing borrower applications using an array of alternative documents to determine loan serviceability. Our credit team provide rapid loan processing enabling settlements faster than banks while achieving interest rates cheaper than caveat loans.
Eastwood Securities Mortgage Fund is not a broker. We are the lender.
Private Mortgage Funds provide innovative and flexible lending solutions for borrowers compared to banks.
First Mortgage funding tailored to your needs. People previously referred to our style of funding as “solicitors funds”.
- Loan terms from 6 months to 3 years
- Interest only repayments (annual, 6 monthly or monthly interest payments)
- Capitalised interest (prepayments for 3, 6, 9 or 12 months)
- Loans up to $5m (minimum $100,000)
- Interest rates from 9.95% per annum
- Maximum of 70% Loan to Value Ratio (LVR) depending on the type and location of the security property.
A verbal approval can be given over the phone and an indicative Letter of Offer is issued within 24 hours. We guarantee a rapid and easy turnaround once all information required is provided by you. The accuracy of information and speed with which it is provided by you to Eastwood Securities will directly affect the time it takes to settle a loan.
Eastwood Securities is a “Specialist Lender” that understands that not all borrowers are the same, so we focus on providing loans to people who don’t tick all the usual boxes . We assess each borrower’s unique circumstances, rather than basing our decision on a credit score. That way we can offer you the best solution for your personal or business financial situation. At Eastwood Securities we specialise in difficult finance where recent poor credit history and loan arrears may be acceptable. We are a commonsense lender.
Eastwood Securities provides an extended service to that offered by most lenders. We find many of our loan approvals were issued only when the borrowers were declined by other non-bank Lenders.
Our credit committee has extensive experience with structuring private mortgage loan solutions for your “credit impaired borrowers”. Eastwood Securities takes a commonsense approach to reviewing non-conforming loan applications for Consumer and Commercial Credit. Eastwood Securities Mortgage Fund is one of very few private lenders who is licensed to write NCCP regulated loans (Consumer credit) and is experienced in this complex field.
We will provide a copy of our current application form and assist you with the compilation of all the information required to enable a decision regarding your applicant’s borrowing eligibility.
It is usually possible to provide an indication of whether finance might be available or not, within 24 hours.
Contact our Credit Team Now to discuss your loan scenarios (Tel. 08 8408 0800).