Mortgage Zone

Short Term Finance

Short Term Finance

We have a range of funders who will lend from $5,000 for a term of 1-12 months. To qualify for this loan:

  • You must have equity in a piece of real estate. With our caveat loan added to other mortgages that may be on the title, the LVR (Loan to Valuation Ratio) needs to be 75% or less.
  • You need to have an EXIT STRATEGY. This means, you need to be able to show how you plan to pay the loan back within a period of no more than 4 months. (eg: through the sale of a property or refinancing, etc)
  • Caveat Loans must be for genuine Business or Commercial Investment Purposes.

Best of all, with short term Bridging or Caveat loans, you don’t have to make monthly interest payments. The interest is paid back in one go at the end of the loan term, along with the principal.