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OFFICES
Loan Purpose
Facility Amount
$10.217MM
LVR
72% of valuation
Term
Security
LTC
Pre-sales
Exit Strategy
The Deal
UNIQUE FEATURE OF THE DEAL
- Valuation shortfall required an above policy lend of 72% LVR
- Regardless of lending above policy, Balmain still negotiated an interest rate 1.50% lower than the Borrower’s existing bank was charging
Case Studies
Stephen Budd
Partner
