Age shouldn’t be a factor when a client needs funds, to improve their position. Many funders are black and white, but we were able to find a solution with a lender, to write a 15-year loan, by using a common-sense approach.
Refinance Factory for 90+ year old Investor
Client with complicated ownership structure, including several trusts needed to finance their development, with no pre-sales. A solution to construct was found through a private funder, six of nine units sold and settled , SoEzy then refinanced the remaining three units to a residual stock product, with a second tier lender to allow the group to hold the units and release funds for their next project.
9 Unit Townhouse Development in Melbourne’s Outer East.
A very challenging application, for a difficult property in a difficult location… loan settled, clients very happy with result.