If you are a borrower seeking any of the following types of loan, we can help you:
- First mortgage loans secured by Australian property:
- for development.
- for investment
- for any commercial purpose such as working capital. - Bridging finance (6 to 12 months), typically to allow resolution of planning permit and engineering matters prior to commencement of construction; OR to allow settlement of the purchase of a property while another property is being sold.
- Construction funding.
- Second mortgage loans, behind a bank or other financier are also considered for the above purposes.
We do not provide consumer loans or loans to individuals for residential housing investment (loans to companies are considered).
Email us on borrow@millbrookgroup.com.au or call us now on (03) 8663 1800 to discuss your loan requirements.
First mortgage lending guidelines
Second mortgage lending guidelines
Our first mortgage lending guidelines
| Item | Detail |
| LVR | From 50% to 65%, depending on the quality of the security and whether or not additional collateral is provided. |
| Loan Size | From $300,000 to $4,000,000. |
| Loan Purpose | Investment, development, construction. Acquisition or refinancing. Exit strategy required. |
| Eligible Security | Residential, commercial, industrial buildings or vacant land. |
| Security Type | First mortgage. |
| Locations | Australia wide, CBD, metropolitan and major regional |
| Repayment Structure | Interest only. Prepaid or capitalised interest may be available. |
| Loan Terms | 6 months to 1 year. Extension may be allowed. |
| Fees | Establishment and management fees are applicable as are third party expenses such as valuation, QS and legal fees. Other fees as per our offer in each case. |
| Interest Rate | On application. From 8.0% per annum. |
Our second mortgage lending guidelines
| Item | Detail | |
| LVR | Up to 75%, depending on the quality of the security and whether or not additional collateral is provided. | |
| Loan Size | From $100,000 to $2,000,000. | |
| Loan Purpose | Investment, development, construction. Acquisition or refinancing. Exit strategy required. | |
| Eligible Security | Residential, commercial, industrial buildings or vacant land. | |
| Security Type | Second mortgage. | |
| Locations | Australia wide, CBD, metropolitan and major regional. | |
| Repayment Structure | Interest only. Prepaid or capitalised interest may be available. | |
| Loan Terms | 6 months to 1 year. Extension may be allowed. | |
| Fees | Establishment and management fees are applicable as are third party expenses such as valuation, QS and legal fees. Other fees as per our offer in each case. | |
| Interest Rate | On application. From 12.5% per annum. | |
Get started now
Email us at borrow@millbrookgroup.com.au or call us now on (03) 8663 1800
You may also download an application form from this site (below)
Loan Application form