Private Mortgage
Pacific 8 is based in Sydney and delivers private mortgage loans into a broad range of borrowers along the Australian Eastern seaboard. We have expanded over $300 million of credit through second and first registered mortgages, including caveat loans. Pacific 8 provides quick approvals, uncomplicated, streamlined practices and reasonable rates of interest which are based and evaluated.
Private mortgage lenders Pacific 8 Pty Ltd have the required knowledge and skills to aid you with your finances. We specialise in a range of services such as:
Bridging Loan Finance
If you're looking to but before you market, we'll help you get through the process of buying a new home while you await your present property to market, or whether you're building a new property.
First Registered Mortgage
The money will be lent to people borrowing against the security over the physical land such as residential, commercial, industrial or even rural property.
Mezzanine Finance
The most LVR for senior debt is 75% of prices, meaning this frequently leads to a equity shortfall. 
Caveat Loan
Caveat loans are short-term loans that use the house as collateral. A caveat loan is generally performed between two weeks and 3 years, and these funds are usually used for working capital. This loan involves a higher interest rate due to the greater risk associated with holding a charge loan for safety as opposed to a first mortgage.
Second Registered Mortgage
Second mortgages typically refer to a bonded loan (or mortgage) this is a subordinate to another loan, and this is contrary to precisely the same property, like that represented under the first mortgage.
Private Mortgage
Private mortgages are funded from a private lender rather than a lender or non-bank lender.
With each experienced management in place, you can be assured that you'll have a speedy acceptance and processing time of your loan. Private mortgage lender Pacific 8 uses'The Mortgage Office' applications, that has been designed to specifically help skilled finance suppliers including people in wholesale mortgage lending. We can use an integrated system that allows for an efficient expedition of trades and constant monitoring whilst enabling capital suppliers and borrows monthly accounts depicting their loans. This management system enables us to provide whole transparency and flexibility with creditors payments, outstanding balances, this includes fees and charges itemised.
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