| NCF Financial services specializes in short term finance, mortgage loans, bridging finance dealing with the public and mortgage finance brokers.
Providing quality short term loan and bridging finance packages is the main operation of NCF Financial services with a view to service the market needing fast and efficient loan products.
The details on our short term bridging finance are listed below, should you have any queries please contact us.
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| Use of loan |
1-3 month bridging finance loan: For borrowers seeking short term loans or bridging finance as urgent settlement funds, typically to settle on fixed property and or other assets, where the borrower has not yet got their formal funding in place.
4-6 month bridging finance loan: For borrowers seeking short term loan funds typically to settle on fixed property and or other assets, where the borrower has not yet got their formal finance or funding in place.
7-12 month bridging finance loan: Same details for borrowers seeking bridging finance as for 4-6 month loan. |
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| Property type |
Security used for short term bridging , finance loans will be land and or buildings within generally accepted post codes and of the following nature:
• Residential
• Commercial |
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| Security taken |
Registered 1st and or 2nd mortgages over property.
Other assets such as vehicles, boats, plant and equipment (no older than five years) are considered but as additional collateral security only.
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| Minimum loan size: |
$ 20,000 |
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| Maximum loan size |
$ 3,000,000 |
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| Maximum loan term |
12 months |
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| Maximum LVR (1st & 2nd lien combined) |
75% for residential property (although when an exit strategy can be verified, NCF will lend up to a combined LTV of 80%) and 65% for commercial property.
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| Minimum interest rate |
From 1.5% per month
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