Pacific 8

Pacific 8 is established in Sydney and delivers private mortgage loans to a wide range of borrowers along the Australian Eastern seaboard. We’ve extended over $300 million of credit through second and first registered mortgages, such as caveat loans. Pacific 8 provides rapid approvals, uncomplicated, streamlined practices and reasonable interest rates which are based and evaluated.
Private mortgage lenders Pacific 8 Pty Ltd have the required knowledge and expertise that will aid you with your finances. We specialise in a range of providers including:
Bridging Loan Finance
If you’re seeking to but before you sell, we will help you through the process of purchasing a new home while you await your present property to sell, or if you’re constructing a new property.
First Registered Mortgage
The money will be given to those borrowing against the safety over the physical property including residential, industrial, commercial or even rural land.
Mezzanine Finance
Property developers frequently organize the senior debt from banks and major financial institutions when arranging to fund for their ventures. The maximum LVR for senior debt is 75 percent of costs, meaning this often contributes to an equity shortfall.

Caveat Loan
Caveat loans are short-term loans that use the house as security. A caveat loan is usually performed between two weeks and 3 years, and these funds are usually utilized for working capital. This loan entails a higher interest rate because of the higher risk associated with holding a caveat loan for security as opposed to a first registered mortgage.
Second Registered Mortgage
Second mortgages usually refer to a secured loan (or mortgage) that is a subordinate to another loan, and this can be against the exact same property, such as that represented below the first mortgage.
Private Mortgage
Private mortgages are funded from a private lender instead of a bank or lien. Your private mortgage lender Pacific 8 can assist you with your private mortgage.
With each experienced management in place, you can be reassured that you will have a speedy approval and processing period of your loan. Private mortgage lender Pacific 8 uses’The Mortgage Office’ software, that has been developed to specifically help skilled finance providers including individuals in wholesale mortgage lending. We can utilise an integrated system which permits an efficient expedition of transactions and continuous monitoring whilst enabling capital suppliers and borrows monthly accounts depicting their outstanding loans. This management system allows us to offer full transparency and flexibility with creditors payments, outstanding balances, this includes fees and charges itemised.
Contact your private mortgage lender today on 61 2 8188 1170.
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