Urgent 2nd Mortgage
When you have a mortgage loan with a bank, but you urgently need more money, and Urgent 2nd Mortgage is the answer!
No Payments for the first 6 months
Borrow from $20,000 to $1,000,000 by way of a Fast 2nd Mortgage
- Bad Credit History is OK
- Loans up to 6 months
- Funding up to $1m
- LVR up to 75%
- Same day approval
- 24 hour settlement
- Borrow up to $1,000,000
- No payments for the first 6 months
Simple online process
Its quick, easy, secure, and very very fast!
- 1 minute application
- Same day approval
- Almost No paperwork
- Aussie customer service team
Why do people need Urgent Business Loans?
Have a crisis on their hands and need urgent capital for their business
Have the opportunity to buy stock or equipment at a reduced rate, if they pay cash
Need urgent cashflow for their business, due to a downturn, or to fuel growth
Bank approval taking too long, and the business owners needs the money now
Eligibility
Who is eligible?
We can help all types of homeowners
Eligibility requirements
Postcode requirements
We can help all types of homeowners
- PAYG
- Retired with income
- Retired without income
- Self employed (alt doc or low doc)
Eligibility requirements
- Good credit history
- Be an Australian Citizen or Permanent resident over the age of 18
- Be borrowing against a property in Australia
- Have a government ID, such as a passport or drivers license
Postcode requirements
We lend in most metro and non-metro postcodes. However we’re still new so we can’t lend in some areas outside the major population areas of Australia.
Different documents are required for each type of borrower
PAYG Income
Self employed
- Full doc – Tax returns for 2 years
- Alt doc – Accountant declaration
PAYG Income
Self employed
- Full doc – Tax returns for 2 years
- Alt doc – Accountant declaration
PAYG Income
Self employed
- Full doc – Tax returns for 2 years
- Alt doc – Accountant declaration
Urgent Business Loans Fees
Fees can vary depending on your unique loan scenario.
- From 1.65%
- The set up fee starts from 1.65% and is calculated as a percentage of the total loan. If your property has not sold yet, the set up fee is from 1.99%.
Interest free
- 3 months
- The first 3 months are interest free.
Interest rate
- From 5.99% p.a. after interest free period
- After the interest free period, interest is calculated daily which means you only pay interest for the amount of days you go over the 3 months. (6.16% p.a. comparison rate^).
Set-up fee
Loan deposit
- $900
- The deposit is paid to accept your conditional approval offer and allows you to move into the final stages of loan approval. On settlement we apply a credit of the same amount.
Valuation fees
- From $250 per valuation
- We complete a valuation of the properties so we can confirm the final loan amount.
Government & settlement fees
- Vary by state
- These fees generally include the mortgage registration fee, discharge fees, pexa fees and legal fees.
Fees can vary depending on your unique loan scenario.
Complete our online application to find out what fees may apply to your unique scenario (don’t worry it doesn’t cost anything to apply!).
We are here to improve the process of lending, to take the stress out of it. We are made for today.
Our team is here to help you at any time
Weekdays 9.00am – 5pm AEDT Tel: 02 7208 8220