Private Mortgages

FaradayWest is able to provide private funding options on a 1st or 2nd mortgage basis. These loans are granted for business or investment use only (other than investment residential property) and are an easy option for when clients with a strong equity position require funding for the above. Key features are:

  • Loan amount $50,000 – $30 million
  • Residential or Commercial security required
  • Interest only
  • Terms from 1 to 3 years
  • Fixed interest rate
  • Defaults, judgements and arrears are acceptable
  • Unregulated / Business or investment use only (other than investment residential property)
  • Letter of offer within 24 hours
  • Competitive interest rates