Mortgages 

STRATEGY I SOLUTIONS I INTEGRITY 

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 Biz 1 Investments offers some unique opportunities to sophisticated Investors including: 

HIGH YIELDING  1st & 2nd MORTGAGE/CAVEAT LOANS
Short & Medium Term - 2 months to 5 years 

How it works

  • Biz 1 Finance sources & qualifies prospective borrowers.
  • We run a property report on the security property.
  • We submit a proposal report to the Investor for consideration.
  • The Investor confirms their initial interest in funding by return email.
  • Biz 1 Finance issues a Letter of Offer (LOO) to the Borrower for consideration.
  • The Borrower signs the LOO and returns it along with the prescribed valuation fee.
  • We order the valuation and run legal checks.
  • We submit the valuation & legal check confirmation to the Investor for final sign off.
  • The Investor confirms the transaction by remitting the loan amount into Biz 1 Legal special purpose trust account (SPTA).
  • Biz 1 Legal prepares the loan documentation and submits to the Borrower.
  • The Borrower signs the loan documentation and returns to Biz 1 Legal.
  • Biz 1 Legal checks the loan documentation & signs off.
  • Biz 1 Legal arranges and completes settlement.
  • Thereafter Biz 1 Finance manages the loan file & conduct until discharge. 

 In many instances we obtain the first 6 to 12 months interest paid up front. 

 In the event that the loan does not settle Biz 1 Legal will remit the Investors funds back to their nominated account. 

 CURRENT OFFER TO INVESTORS 

 1st Mortgages ($20,000 TO $3,000,000)  

  • Victoria only – may lend in other states subject to property & LVR sought.
  • Up to 50% LVR – Fixed interest rate of 8% pa
  • Above 50% up to a max of 65% the rate will be negotiated to a max of 12% pa.  

2nd Mortgages ($10,000 TO $500,000)  

  • Victoria only – may lend in other states subject to property & LVR sought.
  • Up to 50% LVR – Fixed interest rate of 17% pa
  • 50% to 65% LVR – Fixed interest rate of 18% pa
  • 65% + LVR – From Fixed interest rate of 20% pa  

 

Register your interest in becoming a Biz 1 investor & receiving offers by completing the fields below.  

1st Mortgage Max Transaction Amount

2nd Mortgage Max Transaction Amount

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