Tag Archives: bridging loans

Bridging Finance Guide

Bridging Finance www.primebridgingsolutions.com. Just come across this video uploaded by another user (original source link is below) who created a quick kinetic typography version of what is bridging finance, how it works and what you need to know when thinking of taking out a bridging loan. Quick text summary of the video below and I have added further information to sections that I believe havent been fully explained. (this text summary is not word perfect and uses different words than the video, it is meant to be viewed as a summary not the exact dialogue). What is bridging finance? It is a short-term highly flexible finance that can be arranged through security over a number of asset classes. How much can I borrow? Get up-to 75% LTV on a first charge 100% LTV with additional security and upto 70% LTV on a second charge. This is true in many cases however our company can and has sourced bridging finance loans upto 90% of purchase price!! Amounts from £5, 000 – £20m available – Most bridging lenders will not lend as low as £5, 000, many firms will only lend £50, 000 due to FSA laws. Some will lend as low as £25, 000. How long will it take? The video states it can fund within 48 hours or more often a week. This again is very unlikely when basing the finance on a large amount for a property purchase or equity release. Most bridging finance cases take 3-4 weeks from start to finish. How long can i borrow for? 1 to 18 months. Again for a short term "payday loan" this is <b>…<b>

Refinance Your Home Loan or Mortgage, Gary Williams from Assured Home Loans

Refinancing from a bad mortgage could save you thousands. Dont wait for a bad home loan to get worse before acting. It costs you nothing to find out if you could be better off. At Assured, we believe that being informed saves you money. As one of Adelaide and South Australias top home loan advisors, we have established relationships with many reputable bank and non-bank lenders. All of our consultants undergo thorough accreditation with the lenders in order to be able to provide you with the best advice about their many home loan and mortgage products. Our consultants give you a choice of home loan options and help you to compare the various rates, features and benefits to find one that best suits your needs. Whether youre a first home buyer, investor, looking to renovate, build or refinance, we can help you. With 25 years experience writing home loans, we know exactly whos offering the best option for you. Not only that, but our service is 100% free and our In-House Home Loans also have highly competitive rates!

Personal Asset Lender Borro.com featured on Channel 4 News

Borro.com mentioned on Channel 4 News – the launch of the worlds first online pawnbroker www.borro.com

Home Loans Adelaide, mortgage broker Assured Home Loans

We want to be better than the banks by offering you personal service right from the moment you call. A real person answers the phone, not a machine, not a recorded message. Were here to look after you for the life of your mortgage because we understand the value of good relationships.