Has anybody financed property investment/development through the non-bank market through either Balmain NB or Ashe Morgan Winthrop?
I’m curious what people think of them and pros and cons compared to going through the banks.
In short to answer your question: Yes. Plenty. Basically they are all the same funders. i.e; Superannuation Funds Private investors etc;
They aren’t bad and depending on who you end up with they can be very good.
Stuart Milne
Non-Conforming Specialist
READY Mortgages
http://www.readymortgages.com.au
[email protected]
Mob: 0404 056 055Used Balmain for commercial deals on many ocassions and in their place they have a niche.
In saying that the secondary tier banks have expanded their commercial lending products and are more comptitive overall.
Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 6.89%**
Licensed Financial Planner
http://www.yourstatefinance.com
[email protected]
Ph: 07-3720 1888Richard Taylor | Australia's leading private lender
Balmain NB like to sell themselves as a direct lender, but they are primarily a broker. They do have some funds that are sort of there own, through a joint venture partner, but they broker most of their loans.
Regards
Alistair
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