Warragul

Warragul financing project
Warragul

Overview

The secured asset for this financing project is located in Warragul, Victoria. The facility amount is A$3.80 million, with a 12-month term and pricing set at the RBA cash rate plus 5.15%.

The facility is principally secured by a first-ranking mortgage over the relevant property. The approved loan-to-value ratio was 53%, with interest payable monthly. The structure provides clearly defined mortgage priority, disciplined leverage and a regular interest payment arrangement.

Key terms

  1. 01

    A$3.80 million

  2. 02

    12 months

  3. 03

    RBA cash rate + 5.15%

  4. 04

    First-ranking mortgage

  5. 05

    53% LVR

  6. 06

    Monthly interest

A$3.80m

Facility size

RBA + 5.15%

Pricing

12 months

Term

Documented security

First mortgage; approved LVR 53%; interest paid monthly

VERITAS HORIZON

Eligibility

Participation is subject to investor eligibility, completion of due diligence, applicable regulatory and tax considerations, and transaction-specific legal documentation.

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