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HOW TO BECOME A PRIVATE MORTGAGE LENDER

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Investors seeking alternatives to the stocks and bonds markets can now join the thousands of people are turning to the lucrative income alternative of becoming a private lender by lending to borrowers that are seeking simplified Non-Bank finance alternatives, in return is secured through the safety of real-estate being register as a 1st first or 2nd second mortgage securities or caveat mortgage securities being registered on the title of the secured property until the loan is discharged and paid in full, generally loan terms of 3, 6, or 12 months as a maximum aggregate return period.As a private lender, the borrower must agree to pay the lender an agreed set amount ever month which inturn allows the private lender to earn passive income via their own registered Australia company which is also notes as the registered mortgagee at the lands and titles office, no different to how the banks secure their own loans as a lender during a loan term. This prevents the property from being sold, refinanced, transferred, or transacted without the registered mortgagee being discharged and paid in full.

As a private lender, finance is only provided to a borrower generally not exceeding a maximum of 75% loan to value ratio.

Furthermore, borrowers can only be approved for a loan on the basis that the funds being sort are to be used for business or commercial purposes only in compliance with Australian lending laws.

As an investor, all that needs to be adhered to is the basics on how to perform the due diligence process over a potential borrower’s real-estate asset that is being offered as security.

The positives about becoming a private lender is that being a secured real-estate backed investor is far more safe in comparison to pushing a button when buying or selling a stock or share.

It is our belief that investing should never feel like gambling, and is why private lending is fast becoming a popular income or revenue stream for so the sophisticated investor.

Further, it is totally up to the investor as to how much they wish to advance the borrower subject to their due diligence. However, one rule needs to be noted that upon an borrower presents themselves for credit to the investor, it is critical that the lender acts fast to win the business opportunity otherwise the borrower may go elsewhere if delayed.
Ultimately the amount the investor wants to earn is up to them as to how much income they wish to make.

It must be reiterated that as a private lender risk is mitigated by virtue of the fact that borrowers must provide real-estate security with every loan, which you as “The Investor” is the registered mortgagee over the borrower’s property, giving you complete control at all times. But, Importantly… as a private lender, your personal details are suppressed from the immediate borrower via their own public company giving a limited privacy as the passive lender.

There are many reasons why smart investors are turning to the world of profitable private lending as an alternative source of reliable income.

Furthermore, borrowers can only be approved for a loan on the basis that the funds being sort are to be used for business or commercial purposes only in compliance with Australian lending laws.

There are many reasons why smart investors are turning to the world of profitable private lending as an alternative source of reliable income.

To find out please more call: 1300 854 575. Alternatively for after hours enquiries call or send an SMS text our private lending manager on: 0406 026 206.call Redilend now on 1300 85 45 75.

Friendly & Private Discussions Assured.

Terms & conditions apply. Always seek independent financial & legal advice before considering what’s right for you.

 

 

Do you need a loan quickly?

Are you asset rich but cash poor?

Do you have real-estate, but don’t have regular cash flow?

Are you looking for a way you can earn legitimate & viable income without having to work typical 9 – 5 employment hours?

If you have ever been interested in becoming a private lender but didn’t know how, we might be able to help.

To Find Out More Visit: www.1300LoanHelp.com.au or Call Our Short Term Private Lending Department On: 1300 562 643 Or Call Our National Business Manager Direct on: 0406 026 206