GAP FINANCE SERVICES

At Romeciti we are able to assist clients in purchasing their new apartment with a range of financial services, information and incentives.

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We are happy to assist our client in the settlement of Eastwood projects. We had involved a reliable private fund to provide a bridge loan, exclusive to our valuable clients.

 

What do we offer

• UP TO10%-15%OF THE CONTRACT PRICE
• 2 YEAR FIXED RATE
• INTEREST-ONLY ACCEPTABLE

 

Fees and Interests

• 5% P.A. FIX INTEREST RATE
• NO EARLY DISCHARGE PENALTY FEES
• NO APPLICATION FEES
• DOCUMENT FEE: $499.00
• INTEREST STARTS FROM SETTLEMENT DATE
• PROCESSING TIME: LESS THAN 2 BUSINESS DAYS
• THE LOAN IS FOR 2 YEARS ONLY AND MUST BE DISCHARGED ON EXPIRY DATE

 

Who is Eligible

• Exclusive to the Eastwood Central 2 buyers
• The contract was exchanged before 01 Jan 2020
• The evaluation price is lower than the contract price by more than 10%-15%
• An Income statement should be provided by the applicant, a tax return statement is needed if you are a self-employed
• Unregistered Second Mortgage is only available for those who can get personal loans from banks

 

Other Requirements

1. Sign the Second Mortgage Documents and General Security Agreement. Please note that we
won’t register in LPI unless you breach the contract
2. A caveat will be lodged over the apartment you apply for the Unregistered Second Mortgage