Second Mortgage Finance Options
from Citic Management
As one of Australia’s leading non-bank commercial lenders, Citic Management is equipped with specialist knowledge, experience and expertise to help you propel your business ventures through borrowing capital secured against your existing assets. Second mortgage funding is one of the finance types we provide for our clients. We work with businesses across Australia, enabling them to complete real estate development projects such as affordable housing complexes, renovations of existing properties, eco-friendly buildings, out-of-town retail parks, industrial units and many more.
Frequently Asked Questions
Second mortgage financing is a type of development loan. It allows you to secure a second loan against an existing physical property asset. To discuss Cititc Management’s specific loan features with regard to second mortgage finance and the individual circumstances of your development project, contact us to speak to one of our development finance specialists today.
At Citic Management, our loans range from AUD $200,000 to AUD $3,000,000. Available funding will depend on your position and the scope of your project. A development finance expert will be able to talk you through your funding options and what the next steps are. We can also discuss lending terms and conditions, including the repayment term, LVR percentage and the establishment fee. Talk to a member of the team today when you call or email us.
Unlike traditional banking lenders, we’re in a position to quickly release funds so the time you’ll wait to move forward with your project is kept to a minimum. Citic Management is made up of a team of highly experienced financial consultants, with knowledge of niche business areas including taxation law, property and management. Our executives have years of combined experience in a range of ventures both here in Australia and overseas. We take pride in being ahead of the curve when it comes to market updates and developments, passing on our expert insight to our clients. We also offer other finance options, each with competitive rates and terms. Our head office is based in Sydney’s CBD. To discuss finance options with a member of our expert team, you can call or email us today or apply now!