Types of Loans & Products Available

 
* Non -resident lending up to 70% LVR 

• 95% plus LMI and $20k visa card for owner occupied
• 95% plus LMI for investment properties
• 95% LMI included for non-genuine savings
• 90% LMI Included non-genuine for construction.
• Low doc loans up to 100% residential max loan 1m and funds must be 100% used for business
• Non-Residency lease doc based on 80% of P/A lease income for servicing
• Go between low doc construction loans.
• Non-conforming full doc and low doc loans for credit impaired clients up to 95%
• Development funding with no pre-sales!!
• Land-bank funding.
• Specialised Securities.
• Cash out loans.
• Invoice funding
• Short term funding
• Low doc equipment funding up to $150k
• Unlimited cash out low doc loans up to 70% $2m
• Franchise funding without property as collateral security for well recognised franchises
• Working capital funding loans for professionals accountant /solicitors /medical up to 60%
  of total t/o over 10yrs I/P
• Credit impaired low doc funding solutions for residential/commercial
• Low doc commercial loans set and forget 25yrs with no reviews (non bank lender)
• Cash out to refinance tax debt
• Broker trail book funding
• New credit impaired full doc construction loans up to 80% (limited time)
• Medical professionals / commercial loans up to 90%
• Medical professionals residential loans up to 90% with no LMI
• SOLICTOR /ACCOUNTING/ FINANCIAL PLANNING PROFESSIONS working capital loans
  based on gross fees p/a and not secured by property - terms up to 10yrs
New 70% low doc unlimited cash out (all post codes considered)
DEVELOPMENT FUNDING AVAILABLE
o Hard Cost Lend – Traditional method used by mainstream lenders. Up to 80% of all hard costs.
o Gross Realisation Lend – up to 70% of the value of the completed project. Includes soft costs,
such as stamp duties, council fees etc.
o Mezzanine funding – Allows the client to keep hold of additional cash. Particularly useful when the
developer has several projects on the go. LVR 75-90%.
o Joint Venture or Equity partner funding – Allows the developer the option to trade equity in return
for profit share of the development. LVR 85-100%.
o With and without presales up to $25m, without tax returns for experienced developers.


SELF MANAGED SUPERANNUATION FUND LOANS (SMSF)
An opportunity to diversify investments within your own SMSF……..
• Approved under Superannuation Industry Supervision Act
• Non-recourse loans – beneficial property owner is the SMSF
• Commercial/Residential property purchases to 60% to 80%of valuation/up to $2 million
(higher limits on request)
• Positive or neutral gearing of the loan without relying on the super fund
• Members of the super company can act as trustee
• Lenders terms and conditions apply
• Residential and commercial including credit impaired and many other options. Members can lend
the trust the deposit and secure their loan by 2nd mortgage. Trail period


USE YOUR LOAN BOOK TO SECURE FINANCE - EXPAND YOUR BUSINESS
• Unlike Banks, we appreciate that your loan book is a very valuable asset that you should be able
to use to secure finance, for any purpose
• This unique facility is available for loan terms from 24 months without the requirement for
Additional Security, Personal Guarantees, or Financials.
• To ensure an accurate assessment of your loan book`s value, we have access to an independent
valuation service that will determine its commercial value based on the individual value of each
loan account being considered

ACCEPTABLE REAL ESTATE SECURITY TYPES

  • Owner occupied residential properties
  • Investment residential properties

- Houses
- Town Houses
- Units - Apartments
- Land

  • Commercial property - owner occupied and/or investment

- Industrial
- Office
- Retail

  • Vacant land - including broad acres for sub-division
  • Rural properties

The suitability of the above securities varies between some funders and there are differing Loan to Valuation ratios.
Post Codes and size may exclude some borrowers.

Funders terms and conditions apply.

Conditional approvals normally within 24 hours of receipt of all required documentation.

Loans are available no matter what age, employment history or credit history of the applicants.
All loans have funders terms and conditions that will need to be met.
To ensure the protection of the funder and the borrower alike, the documentation is always sent to the borrowers solicitor for witnessing and explanation.
In some cases, the funders will also request that the borrowers seek independent Financial Planning advise.
In all cases, PFG Mortgage Managers recommends that borrowers take their own independent advise prior to entering into any loan transaction.

LOANS
• Residential secured loans
• Vacant land loans
• Commercial loans
• Owner Occupied loans
• Investment loans [ all types ]
• Debt consolidation loans
• Property purchase loans
• Refinance loans
• Construction loans
• Divorce settlement loans
• Reverse Mortgage loans

PRODUCTS ON OFFER
• Credit Lines [ several loan splits are available ]
• Fixed Interest rates
• Fixed Loan Terms
• Variable Interest rates
• Interest Only
• Principal & Interest


VEHICLE & EQUIPMENT FINANCE
PFG Mortgage Managers arranges all kinds of Asset Backed Finance, including:
• Leasing
• Novated leasing
• Asset Purchase (Commercial Hire Purchase &  Chattel Mortgage)