Funding Joins Mortgage Australia Group Lending Panel
We are excited to announce a new partnership with Mortgage Australia Group, a large brokerage group based in Western Australia.
This partnership allows us to diversify into different markets and locations, giving our investors new opportunities to invest in WA and locations outside the Eastern Seaboard.
We are looking forward to working with MAG’s group of brokers and providing them with fast, efficient, short term finance solutions for their clients.
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FYE 2021 Q1 Investor Update
Funding’s Q1 update for the 2021 financial year (FY) includes an information overview of first mortgage investments made available during the quarter.
Another Successfully Repaid Investment: Yeppoon, QLD 4703
The loan was repaid on time with all investors being paid their full principal and interest amounts after the borrower refinanced to a mainstream lender.
Correctly Defining the Registered Owners on Title in Private Lending
This video explains why it is essential for brokers and borrowers to correctly outline all of the registered owners on the title when applying for a loan. In addition to ensuring all tenants are listed, the borrowers must also identify who is benefiting from the mortgage transaction (transfer of benefit).