RMBL lends on a first mortgage basis, against real property in Australia.
The advantages of borrowing with RMBL are:
At RMBL we look at the whole picture when it comes to borrowing. RMBL establishes strong relationships with its Borrowers, working closely with them on development projects, and generally maintains close communication with all of its Borrowers throughout the term of the Loan Facility. Many of RMBL’s Borrowers are repeat Borrowers who appreciate this level of service.
Please contact us to obtain the current interest rate.
Generally, the maximum term for a Loan Facility is 3 years.
Yes. Please speak to us about these options.
Yes. When borrowing for a development project RMBL will lend on a cost to complete basis where appropriate. There may also be a requirement for pre-sales to be in place.
Renewal options are available where all obligations have been met during the period of the initial Loan Facility and the value of the security property continues to satisfy RMBL’s LVR requirements.
RMBL currently lends up to 66.66% (known as the Loan to Value Ratio or “LVR”) of a sworn valuation of real property, however lesser LVR’s will apply for certain categories of property.
For more information about RMBL, please contact us on 03 9213 5700 or email team@rmbl.com.au.
RMBL’s standard fees include:
These fees may be amended from time to time and this is only a guide.
Download the Loan Application Form and return to RMBL along with all required supporting documentation. We will be in touch to discuss your requirements further. Please note that RMBL will be unable to process your application until all details requested have been provided. By completing the form in full in the first instance, we will be in a position to advise you of the outcome of your application sooner.