FF Funds for Residual Stock
Key Product Parameters
- Corporate or Trust
- Residential and commercial properties
- LVR Residential - 70%
- LVR Commercial - 65%
- Loan Size $30mn
- Max term 24 months
- Capitalised interest
- Interest in advance monthly
Lending Criteria
Loan Purpose
• Purchase
• Refinance
• Equity Release
• Development Exit
• Residual Stock
Income Verification
• Accountant letter confirming ability to make repayments
Loan Size Limits
• Up to $50 million for residential security
• Up to $25 million for commercial security and residual stock
• Up to $15 million for development exit
Credit History
• Minor credit impairments will be considered
Security Location
• Metro and non-metro postcodes accepted
Pricing on Application (P.O.A)
FF Funding Niches
- Fully assessed conditional approval in 48 hours
- No annual reviews on commercial loans