Luxury Residential Portfolio Refinance

Luxury Residential Portfolio Refinance

Luxury Residential Portfolio Refinance
Project Details

Location:
Sanctuary Cove & Airlie Beach, QLD

Facility Amount:
$4,000,000

LVR:
50%

Deal Writer:
Rhys Adams

Unique feature of the deal

The Borrower approached Balmain seeking funding against two luxury residential properties to release funds for investment opportunities.

The Borrower was a recent entrant to Australia on a provisional visa and therefore was unable to access mainstream funding. Balmain provided a loan for a sufficient period to enable the Borrower to prepare business financial statements and allow for an eventual bank refinance.

Funding was provided through the Balmain Mortgage Fund.

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