Private mortgages have been known in Australia for many decades and many investors have relied on steady interest returns.

At CSL Money we specialize on facilitating such private mortgage transactions.

 

How do we facilitate?

Effectively we act as the middle man between private lenders and  borrowers and we assist both parties to effectively manage the transaction from start to finish (settlement). We do not run a managed investment scheme and do not provide financial advice to either the lender or the borrower.

Interest and security (any mortgage) is provided directly to the lender ( no pooling of funds).

Our de facto loyalty is clearly with our lenders as we aim to ensure that every lender will get his capital back. Strict lending criteria and processes, accumulated over the years since 1999, have taught us many lessons and we continue to learn as this billion dollar industry is developing stronger and stronger.

Our own set minimum private mortgage is $50,000.00 with no set maximum. The average 1st mortgage is at around $450,000.00 and our average 2nd mortgage is at around $200,000.00; (these amounts must be available to you if you seek to invest into private mortgages).

 

What is so good about private mortgages ?

1.   Our fees are paid by the borrower in full
2.   Turn around on loan transaction is much faster
3.   Specialized mortgage documentation circumvents pre-settlement problems and aggravation
4.   Risk for reward interest returns to investors

RISK                                           RETURN

1st mortgages                          between 9.25% to 12.25% per annum
2nd mortgages                        between 16.25% to 26.25% per annum
Equitable mortgages              between 29.25% to 66.25% per annum

Should you wish to invest in private mortgages please follow the link to our lenders register or please call 1300 361 883 or  contact us for any further information.