Funding Quarter Update
All completed loans achieved their target return or higher.
Funding’s mortgage investments are tailored to investors who seek a higher level of passive income and capital preservation through real property mortgages. Each investment is in a single stand-alone mortgage, with the option to diversify your portfolio by investing in multiple mortgages available on the platform.
See below for Funding’s Investment performance through April – June of 2020.
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).