We provide short and medium term Private Mortgage Financing,* secured by residential, Commercial, Industrial & Rural real estate. We provide these loans to be used for the purchase, refinance, construction, renovation and / or equity cash out of properties in all States and Territories of Australia.
We are able to settle most loans in 2 weeks or less and our advances are asset based; the real property itself is the basis of the lending decision. Therefore, if a property is producing or can produce sufficient income to cover the interest charge and the loan can be fully secured by the value of the property and provide sufficient equity, then the borrower’s credit history is not an issue.
Rather than concentrating on the minute detail of the borrower’s credit history as institutional lenders do, we concentrate on the real estate securing the loan. We provide the commercial real estate investor with the ability to borrow on underwriting criteria not available through institutional lenders. Just a simple application form is required and we can usually obtain a credit decision in 24 hours.
We lend up to 75% of appraised value with no requirement for historical financials and no minimum equity contribution required on the part of the borrower. Our loans are interest only, capitalised or paid monthly in advance and available with terms from 3 months to two years, normally with an option to renew. We advance 1st & 2nd mortgages, with interest rates from 9.25% per annum.
If you are interested in obtaining approval for the purchase, refinance, construction, renovation or equity cash out of an investment property, or would like more information, please do not hesitate to contact us on 07 3303 8432 or email us at credit@cccapital.com.au
03/20 $32M Sunshine Coast Residential Development Approved
09/22 $110M Perth Unit Development Approved
12/22 CC Capital Funds $6M high end residential renovation in Sydney
02/21 $7M USD Pacific Island Property Portfolio Refinance Approved
06/22 $25M Brisbane Unit Development Approved
01/15 $5.65M SA Subdivision Approved
06/22 $25M Brisbane Unit Development Approved
09/22 Bundaberg Subdivision Approved