InterPrac Mortgages Newsletter-November

 2007

Fixed Rates? Refinance?

The RBA announced yesterday that there was likely to be further interest rates rises. Now could be a good time to lock in a fixed rate for you or your clients or shift your loan product to a more competitive lender. We are currently refinancing clients out of products which were competitive a couple of years ago and which are not any longer. We have saved clients, in some cases, several thousands a year in interest repayments. Call our office and speak to Gina, Kerry or Vic for more current interest rates.

Not your usual client... Not your usual solution...

At InterPrac we have private lenders with their own funds readily available. These funds are provided for a variety of different loans, namely:

Short Term Loans – We are aware that from time to time borrowers need funds urgently. We assist with refinancing, purchasing properties, providing urgent working capital and settling these loans within 48 hours. We have access to loan amounts available from $50,000 to $10 million.

Second Mortgages - We can assist in providing funds that are secured on properties where we enter info a deed of priority with the first mortgage. We have loan amounts available from $50,000 to $10 million.

CRA Impaired Loans - If you have clients with defaults on their CRA, they may not be able to borrow funds from a traditional bank. We can provide funds for borrowers who have impaired CRA's.

Joint Ventures - We may be able to assist your clients in obtaining joint venture funds for a property development which they want to undertake. We have access to funders who will find 100% of all costs associated with the project.

To find out more call our office on 1800 700 666.

InterPrac Ltd

1800 700 666 (Phone)
1300 368 427 (Fax)