Residual Stock

From 8.49% variable rate

Our Residual Stock loan empowers developers with completed but unsold stock in their projects. By refinancing this stock, developers gain additional time to sell it or leverage the equity for their next venture. We recognize the unique challenges of property development, and our tailored loan product is designed to support developers in optimizing their projects and investments.

Key Benefits

Stock Refinancing

Our Residual Stock Loan enables you to refinance completed but unsold stock.

Flexible Finance

Our Residual Stock Loan provides developers with additional time to sell unsold units or leverage existing equity for their next project.

Developer Assistance

Our specialized financing solutions address the unique requirements of property developers, facilitating efficient project optimization.

Residual Stock

Current Rate^: 8.49%

Comparison Rate*: N/A

Security Type: Residential or Commercial security

Loan Purpose: Refinance or debt consolidation

Verification Required: Full or Low Doc method

Minimum Loan Amount: $100,000

Maximum Loan Amount: $25,000,000 (65% LVR), $15,000,000 (70% LVR)

Maximum LVR: 75% inclusive of interest budget

Lenders Mortgage Insurance Required: No

Maximum Loan Term: Up to 5 years

Repayment Type: Interest Only

Maximum Interest Only Term: Up to 5 years

Interest Rate Type: Variable

Redraw Available: No

Application Fee (Excl. Val. & Legal Fees): 1.50%

Risk Fee: $0

Additional Repayments: No

Let's Get Lending From The Expert

We Are Here To Help

Scottie Financial was established because a much better way of delivering Australian specialist lending is available and overdue.
More than ever, brokers and borrowers need a specialist lending partner able to bring them:

✔️ A comprehensive and flexible product range

✔️ Competitive rates with no ongoing fees
✔️ Comprehensive digital operations, delivering faster and simpler approvals across all loans every time

✔️ A highly experienced Credit team equipped to deliver high quality service and results to all business partners.

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Target Market Determination

Complaints

Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000

* Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The interest rate quoted is effective 4th December 2023, the actual interest rate applicable will depend on our assessment criteria. Terms, conditions, fees, charges and Scottie Financial lending criteria apply.