Loan: Red (RedZed)
RedZed – Commercial
Altdoc, Full Doc or LeaseDoc facilities to 75% LVR with 30 year terms in Cat 1 & 2 locations – including some credit impairment. Need a short term loan (6 mths – 2 years) in Cat 1 Metro location with an Exit Strategy – we have a Solution for you!
Key Features
- 75% LVR
- 30yr terms improves cash flow.
- No Risk Fees.
- Set & Forget Facility
- No Reviews!
- No Revaluations!
- No Fixed & Floating Charges!
- Some specialised security considered for low LVR.
- Cash Out available.
- Some credit impairment considered.
- ATO debts can be refinanced.
- No Clawback on Commercial Loans.
- No ETF on SMSF Loans (resi or commercial)
- Red Solutions – Short Term (resi or comm) – Max 2 Yrs | $7m.
Red – Residential
RedZed are self-employed specialists and the principal sponsor of the Melbourne Storm. They have a friendly Accountant’s Declaration and use common sense with assessment and exit strategies.
Key Features
- Good Vacant Land Rates & LVR’s
- 80% Altdoc – No Risk Fee – 30 year terms.
- Unlimited Cash Out – Form required >$500k
- No Credit Scoring or CCR.
- Diminishing Clawback @ 4.16% per month
- Quick Processing.
- Got a DA? No problem.
- ATO debts OK on SE Prime – unlimited.
- No Early Repayment Fee on Company Loans (resi securities)
- Altdoc & Full Doc SMSF Loans
- No ETF on SMSF Loans (resi or commercial)
- No Clawback on SMSF Loans (resi or commercial)