Bespoke client service
Building strong partnerships with our borrowers
At RMBL, we’re committed to building long-term partnerships with our borrowers, founded on trust, responsiveness, transparency, consistency in our loan decision-making, and a deep understanding of the intricacies of their projects - no matter how complex or involved they may be.
We lend on a first mortgage basis, secured against real property across Australia. Our Fund finances a range of real estate asset classes with expertise in subdivision and englobo land projects. This focus allows us to apply deep market knowledge and disciplined lending practices tailored to the needs of property developers.
Around 80% of our Fund’s loans are for developments situated in Victoria, predominantly within the Melbourne Urban Growth Boundary. The remainder of projects are located in other major centres including Adelaide, Sydney, Brisbane and Perth.
As a mortgage-backed debt fund, RMBL is exclusively focused on first mortgage lending. We maintain a conservative maximum loan-to-value ratio (LVR) of 66.66%, ensuring strong asset coverage and protection for our investors. This reflects the strength of our credit risk management framework and our commitment to prudent lending protocols.
Interest rates
Typically interest payments are made monthly in arrears.
Please contact us to obtain current interest rates.
How much can I borrow?
We have a maximum Loan to Value Ratio (LVR) of 66.66% of the sworn valuation of real property, however lesser LVRs will apply for certain categories of property.
Maximum term
Generally, the maximum term for a Loan Facility is
3 years.
Repayments and/or reduction options
Repayment and/or reduction options are available. Contact us to find out more.
Funds for construction projects
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.
Loan facility renewal
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.
Loans team
Frequently Asked Questions
RMBL’s standard fees include:
Up to 2.5% (plus GST) procuration fee on the amount drawn down;
Standard legal fees for preparation of security documents;
Collection charges on the amount of interest payable each quarter, unless otherwise disclosed in the SPDS;
Valuation fees, which are set by our Panel Valuers; and
any other fees applicable such as early repayment fees, discharge fees or enforcement costs.
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.
