Settlement
Urgent Settlement
When a borrower is seeking funds to complete the purchase of a property and purchasers’ finance has fallen through and the vendor has issued a recession notice. The borrower need an urgent settlement finance, Vinance private fund and other special resources are able to assist.
Bridging
Bridging loans
Found your new home but haven’t sold your old one yet? You could consider a bridging loan. This is a short term loan (usually up to 12 months) that is closed when your existing property is sold. The size of the bridging loan is calculated on the available equity in your current home.
There are two types of bridging loans:
Closed bridging loans – used if you already have a Contract of Sale on your current property and know the date when your home will be sold and the funds received. You’ll pay down the loan plus any accrued interest and fees on this date.
Open bridging loans –this is used if your current home hasn’t been sold yet. An open bridging loan can be arranged for up to 12 months.
Overseas
transfer the settlement money from overseas
Remittance is a special service for our VIP customers only.
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